Catana Group (CATG) H2 24/25 earnings summary

Executive summary

• Revenue declined 23% to €175M due to market slowdown and price reductions.

• Net income fell to €13.6M (7.8% margin), down from €29.7M (12.9%) year-over-year.

• Group maintained strong equity at €105.1M and positive net cash position despite lower activity.

• Strategic investments continued, including a new factory in Portugal and R&D initiatives.

• The group remains agile, adjusting production and workforce to market conditions.

Financial highlights

• Revenue: €175M (down from €229M), gross margin: €92M (52.5% of sales, down from 56.7%).

• Operating income: €17.4M (10% margin), net income: €13.6M.

• Net cash: €38.6M; net debt (excluding IFRS 16 concessions): €7.4M.

• Equity: €105.1M; total assets: €231M.

• Dividend proposed: €0.13 per share.

Outlook and guidance

• Market expected to remain challenging due to economic/geopolitical uncertainty.

• Strategic plan to 2030 targets expansion in new catamaran segments, innovation, and industrial capacity.

• Over €130M in planned investments, 14 new models, and expansion in North America and new service bases.