Viafin Service
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Viafin Service (VIAFIN) investor relations material

Viafin Service Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 earnings summary9 Feb, 2026

Executive summary

  • Achieved record-high EBIT of €6.4M (up 11.6%) and revenue of €99.6M (up 8.7%) for 2025 compared to 2024.

  • 87% of revenue from maintenance, 13% from projects; project revenue declined as expected.

  • Strong cash flow from operations at €9.7M and cash conversion at 119.8%.

  • EPS increased to €1.37 from €1.26; proposed dividend of €0.75 per share.

  • Workforce grew by 67 to 682, mainly due to acquisitions.

Financial highlights

  • H2/2025 revenue €49.7M (down 0.6%), EBIT €4.1M (up from €3.9M), net income €3.1M.

  • Full-year 2025 revenue €99.6M (up 8.7%), EBITDA €8.1M (8.2% margin), EBIT €6.4M (6.4% margin), net income €4.9M.

  • Cash and cash equivalents at year-end €11.0M; operating cash flow before financing and taxes €9.7M.

  • Equity ratio 54.0%; negative net working capital at -€4.2M.

  • Dividend proposal of €0.75 per share, up from €0.65.

Outlook and guidance

  • 2026 revenue expected at €90–100M; EBIT guidance €5.8–7.4M.

  • Strategic and financial targets for 2026–2027 unchanged: 8% EBIT margin, >100% cash conversion, 10% annual revenue growth, and growing dividend.

Why 2026 EBIT guidance below 8% target?
What drove the strong cash conversion in 2025?
What is the 2026 outlook for maintenance vs project business?
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