EXEL Industries (EXE) Q4 2025 TU earnings summary

Executive summary

• Full-year 2024-2025 revenue declined 10.6% year-over-year to €983 million, reflecting a challenging agricultural market and cautious distributor behavior.

• Garden (Leisure) and Industry segments provided resilience, partially offsetting agricultural weakness.

Financial highlights

• Q4 2024-2025 revenue was €257.5 million, down 11.2% compared to the same quarter last year; like-for-like sales fell 9.0%.

• Annual revenue dropped from €1,099.3 million to €983.0 million, a decrease of €116.3 million.

Outlook and guidance

• Management notes a gradual recovery in European agricultural spraying, with new orders rebounding in the last six months.

• North American agricultural markets remain subdued due to low commodity prices and high input costs.

• Upcoming financial results and presentations are scheduled for December 2025 and January 2026.