Cembre (CMB) Q4 2025 earnings summary

Executive summary

• Achieved record revenues of €244.3M in 2025, up 6.3% year-over-year, with a 10% CAGR over the last five years.

• Net profit reached €46.6M, a 9.5% increase compared to 2024.

• Board proposes a €2.06 dividend per share, representing 74–74.3% payout ratio.

• Maintained a strong international presence, with 962 employees and operations in Europe, the US, and China.

• Ordinary Shareholders' Meeting scheduled for April 29, 2026, including a vote on share buyback authorization.

Financial highlights

• EBITDA rose to €73.9M (30.2% margin), up 11.6% year-over-year.

• EBIT increased to €59.8M (24.5% margin), up 13.2% year-over-year.

• Profit before taxes was €59.2M, up 12.3% year-over-year.

• Net financial position improved to €0.5M from -€2.0M in 2024.

• Significant investments: €23.1M in tangible assets and €1.3M in intangibles.

Outlook and guidance

• Focus on strengthening competitive advantage through R&D and new product development.

• Targeting higher penetration in foreign markets, especially the US and Germany.

• Management expresses confidence in further turnover growth and positive results for 2026.

• Emphasis on cost management and operational efficiency via automation and process innovation.

• Dividend proposal increased from €1.88 to €2.06 per share.