Financière de Tubize (TUB) H1 2025 earnings summary

Executive summary

• Dividend income from UCB for 2024 totaled €98.1 million, a 2.2% increase year-over-year; own dividend paid was €46.3 million, up 7.22% year-over-year.

• Profit for H1 2025 was €95.6 million, up 2.8% year-over-year.

• All outstanding debt (€41.3 million at end-2024) was fully repaid by June 30, 2025.

• Acquired 24,487 UCB shares for €4.37 million, increasing stake from 36.27% to 36.28%.

• No significant impact from geopolitical events in Ukraine or the Middle East.

Financial highlights

• Equity rose to €1,935.98 million at 30 June 2025 from €1,840.41 million at end-2024, driven by €95.57 million profit.

• Market capitalization decreased to €5,920.18 million from €6,329.69 million at end-2024 due to lower share price.

• Solvency ratio improved to 99.98% from 95.4% at end-2024.

• General expenses increased to €1.26 million, mainly due to higher use of external consultants.

• Dividend income from UCB was €1.39 per share.

Outlook and guidance

• The company remains attentive to geopolitical developments and their potential impact on UCB and its own results.