BF (BFG) H2 2025 earnings summary

Executive summary

• Consolidated production value increased by 15% to €1,730 million in 2025 compared to €1,505 million in 2024, driven by expanded consolidation scope and international business growth.

• Consolidated EBITDA rose 29% to €129 million from €100 million, reflecting both consolidation changes and improved international performance.

• Proposed dividend of €0.076 per share, consistent with the prior year.

• Net profit reached €15 million, up from €13 million in 2024.

Financial highlights

• EBIT increased to €54 million from €47 million, with higher amortizations and impairments (€75 million vs. €50 million) due to new investments and consolidation scope.

• Net financial debt dropped to €82 million from €174 million, mainly due to strategic investor entry in BF International.

• Parent company (standalone) net profit was €67.5 million, up 58% year-over-year.

Outlook and guidance

• Management highlights resilience to market volatility and a strategic focus on supply chain control to stabilize margins.

• Ongoing monitoring of geopolitical risks and commodity price volatility, with financial flexibility to mitigate impacts.