Moury Construct (MOUR) H2 2025 earnings summary

Executive summary

• Revenue grew 33.9% year-over-year to €249.6 million, driven by large-scale project execution.

• Net income rose 41.2% to €34.5 million compared to the previous year.

• Operational performance and financial management contributed to robust results.

Financial highlights

• Operating income increased 31% year-over-year to €38.1 million.

• Net margin remained stable at 15.2% versus 15.5% in 2024.

• Net financial result improved to €8.5 million from €3.9 million, reflecting dynamic asset management.

• Net cash position rose to €152.5 million, up from €119.6 million.

• Equity increased 21.7% to €151.8 million.

Outlook and guidance

• Activity volume expected to be maintained in 2026, supporting similar operational performance.

• Order backlog at €371.5 million as of February 28, 2026, underpins confidence for the coming year.