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B&C Speakers (BEC) investor relations material
B&C Speakers Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for the first nine months of 2025 was €75.6 million, down 1.3% year-over-year, with a net profit of €9.32 million, representing a 41% decrease compared to the same period in 2024.
EBITDA declined by 6.7% to €16.52 million, and EBIT fell by 9.1% to €14.32 million, reflecting margin pressures and increased costs.
The company continued its share buyback plan and distributed a €1.0 per share dividend in May 2025.
Financial highlights
Gross margin was 37.8% of revenue, slightly down from 38.2% in the prior year.
EBITDA margin was 21.9% (down from 23.1%), and EBIT margin was 18.9% (down from 20.5%).
Net financial position was negative €1.4 million, compared to negative €0.9 million at year-end 2024.
Cash and cash equivalents increased to €13.8 million, up 49% from December 2024.
Dividend distribution totaled €10.87 million during the period.
Outlook and guidance
Order flow remains robust, with €81.1 million in new orders, up from €80 million year-over-year.
Management expects year-end results to be in line with the first half, barring significant market disruptions.
Ongoing geopolitical risks, particularly the Russia-Ukraine conflict, could indirectly impact demand.
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