Uzin Utz (UZU) Q2 2025 earnings summary

Executive summary

• Sales revenue increased by 3.9% year-over-year to €251.8 million in H1 2025, with EBIT up 2.9% to €20.4 million and net income after taxes rising to €14.0 million.

• International sales share slightly decreased to 64.8%.

• Average number of employees rose by 3.7% to 1,534.

Financial highlights

• EBIT margin was 8.1%, marginally down from 8.2% year-over-year.

• EBITDA reached €30.9 million, up from €30.0 million.

• Material usage rate improved to 40.4% from 42.5%.

• Investments nearly doubled to €12.9 million.

• Earnings per share increased to €2.77 from €2.45.

Outlook and guidance

• Slight sales growth is expected for full-year 2025, but a slight decline in EBIT and EBIT margin is anticipated.

• Global economic growth forecasted at 3.0% for 2025, with construction activity in core markets expected to remain subdued.