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Boiron (BOI) investor relations material
Boiron H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2025 earnings summary18 Sep, 2025
Executive summary
Revenue for H1 2025 reached €245.6M, up 7.6% year-over-year, driven by strong growth in North America and specialty homeopathic products.
Operating income rose 221.5% to €15.7M, with net income up 241.1% to €11.4M compared to H1 2024.
Cash flow from operations nearly doubled, and net cash increased 25.8% year-over-year.
The group maintained a solid financial position, with a focus on international expansion and operational efficiency.
Financial highlights
Revenue: €245.6M (+7.6% year-over-year, +8.4% at constant currency).
Operating income: €15.7M (6.4% margin), up from €4.9M.
Net income: €11.4M, up from €3.3M.
Gross margin increased by 8.0%, with a 0.3 point improvement in margin rate.
Net cash: €62.0M, up from €49.3M.
Outlook and guidance
Full-year performance will depend on the level of pathologies in H2 and global geopolitical/economic conditions.
The group is committed to expanding access to homeopathy and health solutions worldwide.
Detail drivers of 221.5% op result growth
Explain Russian restricted cash implications
Update on US customs tariffs mitigation actions
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H2 20252 Apr, 2026
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Frequently asked questions
Boiron SA is a French company specializing in the production and distribution of homeopathic medicines. The company offers a wide range of homeopathic remedies that are used to treat various conditions, from minor ailments to chronic health issues. Boiron's products are available in different forms, including tablets, liquids, and topical treatments. The company serves healthcare professionals, pharmacies, and consumers, providing accessible homeopathic solutions worldwide. Boiron operates in the pharmaceutical and healthcare sectors, focusing on alternative medicine. The company is headquartered in Messimy, France, and its shares are listed on the Euronext Paris.
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