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EXEL Industries (EXE) investor relations material
EXEL Industries Q3 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 TU earnings summary23 Jul, 2025
Executive summary
Q3 2024-2025 revenue declined 10.9% year-over-year to €282.1 million, mainly due to lower volumes in Agricultural Spraying and adverse currency effects.
Growth was maintained in Leisure (+7.3%) and Industry (+2.3%), while Agriculture and Sugar Beet Harvesting segments declined.
The group adapted its cost structure and production capacities to address the downturn in agricultural markets.
Financial highlights
Q3 revenue fell to €282.1 million from €316.5 million year-over-year; nine-month revenue down 10.4% to €725.5 million.
Negative foreign exchange impact of €6.3 million due to dollar depreciation.
Like-for-like Q3 sales declined 8.9%.
Outlook and guidance
Agricultural order book shows early signs of recovery after two years of decline, but remains at low levels.
North American agricultural market outlook remains uncertain pending tariff policy clarity.
Leisure segment expected to have a satisfactory year; Industry sales to remain stable in Western Europe and grow in North America.
Ongoing vigilance regarding US tariff policy and its impact on commercial performance.
North America tariff policy impact?
Agricultural order book recovery signs?
Industry growth: what are the regional drivers?
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Next EXEL Industries earnings date
Q4 2025 TU24 Oct, 2025
Next EXEL Industries earnings date
Q4 2025 TU24 Oct, 2025
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Frequently asked questions
EXEL Industries SA is a French company specializing in the design, manufacture, and marketing of capital equipment and associated services primarily for agricultural, industrial, and consumer markets. The company is a global leader in spraying solutions, offering a diverse range of products used in plant protection, industrial material application, and leisure activities. These include agricultural sprayers, industrial spray guns, dust removal systems, sugar beet harvesters, and equipment for watering and gardening. EXEL Industries also provides products for the nautical industry, such as equipment for high-end pleasure boats. EXEL Industries SA is headquartered in Paris, France, and its shares are listed on the Euronext Paris.
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