EUROKAI (EUK3) Q4 2025 earnings summary

Executive summary

• Group net profit rose to €90.1 million in 2025, up from €88.0 million in 2024, exceeding forecasts.

• Revenue increased by 10.7% year-over-year to €279.2 million, driven by higher container handling and storage fee revenues.

• Earnings per share climbed to €4.54 from €3.74, and the equity ratio improved to 68%.

• All terminal locations posted volume gains, with total container throughput up 13.4% to 14.04 million TEUs.

• Major strategic projects advanced, including Hamburg terminal expansion, automation initiatives, and the launch of Damietta Alliance Container Terminal in Egypt.

Financial highlights

• Revenue: €279.2 million (+10.7% year-over-year).

• Net profit: €90.1 million (+2.4% year-over-year).

• EBIT: €62.5 million (+25.9% year-over-year).

• Earnings per share: €4.54 (vs. €3.74 in 2024).

• Cash flow from operating activities: €67.8 million.

• Equity and reserves: €689.3 million; equity ratio: 68%.

• Capital expenditure (excluding IFRS 16): €18.5 million.

Outlook and guidance

• 2026 profit expected to decline significantly due to normalization of storage fee revenues and high automation expenses.

• Container handling volumes projected to grow moderately, but market uncertainty remains high due to geopolitical risks and trade tensions.

• Major projects in Germany and Italy to require focused execution; Damietta terminal in Egypt in ramp-up phase.