Enaex (ENAEX) Q2 2025 earnings summary

Executive summary

• Revenue for the first half of 2025 reached $1,009.5 million, up from $910.9 million year-over-year.

• Net profit attributable to owners was $87.99 million, compared to $76.05 million in the prior year.

• The group operates globally, with significant expansions in Latin America, Africa, Australia, and Europe.

Financial highlights

• Gross profit increased to $240.4 million from $218.5 million year-over-year.

• Operating income rose to $140.2 million from $126.2 million year-over-year.

• Net cash from operating activities was $97.6 million, down from $122.2 million year-over-year.

• Cash and cash equivalents at period end were $240.7 million, down from $252.6 million at year-end 2024.

Outlook and guidance

• The company continues to focus on global expansion and technological innovation in mining services.