Cembre (CMB) Q4 2025 earnings summary

Executive summary

• Consolidated revenues reached €244.3 million in 2025, up 6.3% year-over-year, with net profit rising 9.5% to €46.6 million.

• The Board proposes a €2.06 dividend per share, representing 74.3% of consolidated net profit.

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

• Revenues for the first two months of 2026 grew by 4.2% compared to the same period in 2025.

Financial highlights

• Gross operating profit (EBITDA) rose 11.6% to €73.9 million, with a margin of 30.2%.

• Operating profit (EBIT) increased 13.2% to €59.8 million, margin at 24.5%.

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

• Net financial position shifted from a €1.9 million surplus to a €0.5 million deficit.

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

Outlook and guidance

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

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