Société Industrielle et Financière de l'Artois (ARTO) H2 2025 earnings summary

Executive summary

• Consolidated revenue for 2025 was €137.0 million, down 15% year-over-year due to divestitures and business slowdowns.

• Operating income declined to -€13.8 million from -€2.5 million in 2024, mainly from increased losses at IER.

• Net income dropped to €1.0 million from €17.2 million in 2024; group share of net income was €8.3 million versus €20.3 million.

• The board proposes a stable dividend of €68 per share, totaling €18.1 million.

Financial highlights

• Revenue decreased to €137.0 million from €160.8 million year-over-year.

• Operating loss widened to -€13.8 million from -€2.5 million.

• Financial result fell to €19.4 million from €28.3 million, mainly due to lower interest rates.

• Net income was €1.0 million, down from €17.2 million; group share at €8.3 million, down from €20.3 million.

• Equity decreased by €135 million, mainly from fair value changes in holdings.

Outlook and guidance

• The board will propose a dividend of €68 per share for 2025, unchanged from 2024.