Logotype for Azelis Group NV

Azelis Group (AZE) investor relations material

Azelis Group Q3 2025 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Azelis Group NV
Q3 2025 TU earnings summary23 Oct, 2025

Executive summary

  • Market conditions in the first nine months of 2025 were volatile, with normalization delays from geopolitical and trade dynamics.

  • Free cash flow increased by 34.3% to €293.2m, reflecting strong working capital management and an asset-light business model.

  • Cost-saving initiatives are ahead of schedule and ramping up, with significant progress in right-sizing the organization.

  • Four strategic acquisitions were completed, contributing over €110m in prior-year revenue.

  • Group CFO Thijs Bakker will depart after nearly a decade, with a successor to be announced.

Financial highlights

  • Revenue for 9M 2025 was €3.2bn, up 2.1% year-on-year at constant currency, with 2.7% growth from acquisitions offsetting a 0.6% organic decline and a 3.0% FX headwind.

  • Gross profit was €751.9m (23.7% margin), down 1.3% year-on-year at constant currency, with margin contracting by 80 bp.

  • Adjusted EBITA was €332.6m (10.5% margin), down 9.9% year-on-year, with margin contraction due to slower revenue and partial cost-saving benefits.

  • Free cash flow conversion ratio expanded to 87.1%, up 29 percentage points year-on-year.

  • Leverage increased to 3.4x, influenced by slower EBITDA growth, M&A investments, and deferred payments.

Outlook and guidance

  • Near-term uncertainty from geopolitical and trade issues continues to weigh on demand.

  • Cost and working capital controls remain a focus to navigate short-term challenges.

  • Long-term industry fundamentals remain compelling, with continued investment in innovation and digital capabilities.

  • No major M&A deals expected until leverage returns below 3x; pipeline remains strong.

  • Positioned to capture growth as market conditions improve, but near-term visibility remains limited.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Azelis Group NV is a service provider in the specialty chemicals and food ingredients industry, delivering solutions across a broad range of sectors. The company operates through two main business segments: Life Sciences and Industrial Chemicals, catering to a diverse clientele. With a global presence spanning EMEA (Europe, the Middle East, and Africa), the Americas, and Asia Pacific, Azelis is well-positioned to serve its customers with specialized and high-quality products and services. The company's expertise in formulation, application, and technical service supports its partners in developing tailored solutions that meets the clients specific needs. The company is headquartered in Antwerp, Belgium, and its shares are listed on the Euronext Brussels.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage