EUROKAI (EUK3) Q2 2025 earnings summary

Executive summary

• Revenue increased 8.6% year-over-year to EUR 130.8 million, driven by higher volumes and storage fees at La Spezia and intermodal activities.

• Net income rose 41.9% to EUR 48.9 million, with EBIT up 21.7% to EUR 29.2 million and strong investment income from the EUROGATE segment.

• Container terminal throughput grew 13.8% to 6.84 million TEU, with significant gains in Germany and steady growth in Italy, Morocco, and Cyprus.

Financial highlights

• Revenue: EUR 130.8 million (up from EUR 120.4 million year-over-year).

• EBIT: EUR 29.2 million (up from EUR 24.0 million year-over-year).

• Net income: EUR 48.9 million (up from EUR 34.5 million year-over-year).

• Earnings per share: EUR 2.82 (up from EUR 1.76 year-over-year).

• Cash flow from operating activities: EUR 28.8 million (up from EUR 27.5 million year-over-year).

Outlook and guidance

• Full-year 2025 consolidated earnings now expected to be higher than previously forecast, only slightly below 2024 levels after adjusting for prior-year one-off gains.

• Continued high storage and reefer revenues expected through September 2025, but macroeconomic and geopolitical uncertainties persist.

• No existential risks identified; liquidity remains strong.