Delticom (DEX) Q4 2025 earnings summary

Executive summary

• Enhanced data-driven management improved pricing, campaign management, and inventory control, leading to better customer satisfaction and delivery quality.

• Achieved further standardization in customer communications using intelligent systems.

• Expected dividend of €0.12 per share for FY 2025.

Financial highlights

• Revenues increased by 0.4% year-over-year to €483.7 million.

• Gross profit rose 0.8% to €149.5 million, with gross profit margin up 0.4 percentage points to 29.7%.

• EBITDA decreased by 2.4% to €19.8 million; operative EBITDA was €20.1 million.

• Net income grew by 1.0% to €4.1 million.

• Equity ratio improved to 25.2% from 22.0% in 2024.

Outlook and guidance

• FY 2026 revenues expected between €480–520 million; operative EBITDA guidance at €19–24 million.

• Positive free cash flows anticipated in the medium term.

• Considerable uncertainty due to consumer spending, anti-dumping duties, and high fuel prices.

• Planned high single-digit million euro investments in warehouse infrastructure.