Koncar D&ST (KODT) Q4 2025 earnings summary

Executive summary

• Achieved record growth in 2025, with significant expansion in international markets and strategic advancements in energy, transport, and digital solutions.

• Strengthened global presence through targeted acquisitions, new partnerships, and investments in innovation and operational excellence.

• Major capital projects completed, including a new transformer tank factory and localization of production in the US.

Financial highlights

• Sales revenue rose 25.2% year-over-year to EUR 1,319.6 million; exports accounted for 68% of sales.

• Net profit increased 34.3% to EUR 220.7 million; EBITDA up 30.4% to EUR 240.8 million (margin 18.3%).

• Order intake reached EUR 1,954.0 million (+17.2%); backlog at year-end was EUR 2,670.0 million (+31.2%).

• Market capitalization exceeded EUR 1.8 billion; EPS rose 42% to EUR 57.2.

Outlook and guidance

• Plans to invest EUR 550 million over the next three years in capacity expansion, modernization, and export competitiveness.

• Focus remains on technological development, internationalization, and sustainable growth.