ACTIA Group (ALATI) H1 2025 earnings summary

Executive summary

• Revenue for H1 2025 was €266.4 million, down 4.7% year-over-year, mainly due to a 9.6% drop in the Mobility Division, with 58.2% generated internationally.

• Operating income dropped to -€3.2 million from €21.6 million in H1 2024, and net income fell to -€13.4 million from €12.5 million.

• EBITDA decreased to €11.5 million (margin 4.3%) from €35.2 million in H1 2024, reflecting the absence of one-off gains and ongoing restructuring.

• The Mobility Division saw a significant sales decline, while Aerospace (+16.4%), Energy (+30.3%), and Engineering Services (+2.8%) divisions posted growth.

Financial highlights

• Revenue: €266.4 million (down 4.7% year-over-year).

• Operating income: -€3.2 million (vs. €21.6 million in H1 2024).

• Net income: -€13.4 million (vs. €12.5 million in H1 2024).

• EBITDA: €11.5 million (margin 4.3%, down 67.4% year-over-year).

• Net debt reduced to €147.6 million from €150.1 million at year-end 2024.

Outlook and guidance

• Turnover for 2025 expected to stabilize at the 2024 level (~€535 million), with growth in Aerospace, Energy, and Engineering Services offsetting Mobility Division weakness.

• New product launches in 2026 to support a revenue target of €700 million by 2028.

• Continued focus on rationalising industrial facilities, cash preservation, and inventory reduction.