BIO-UV Group (ALTUV) Q4 2025 TU earnings summary

Executive summary

• Consolidated revenue for 2025 was €35.9 million, a 9% decrease year-over-year.

• Services & After-Sales division grew 17% to €13.3 million, driven by recurring, higher-margin activities.

• Products division saw a limited decline of 3%, with a return to growth in H2 2025 and market share gains in France.

• Solutions division revenue dropped 33% due to the end of the maritime retrofit market and delayed aquaculture projects.

• A major aquaculture contract signed in December 2025 is expected to drive growth in 2026.

Financial highlights

• Annual turnover for 2025: €35.9 million, down from €39.6 million in 2024.

• Services & After-Sales: €13.3 million (+17% year-over-year).

• Products: €11.8 million (-3% year-over-year).

• Solutions: €10.8 million (-33% year-over-year).

Outlook and guidance

• 2026 revenue targeted between €38 million and €42 million.

• Growth expected from Services & After-Sales, a rebound in swimming pool markets, and aquaculture exports.

• Gross margin anticipated to improve due to higher-margin service activities.