Q4 2025 revenues

• Cumulative 12-month revenues of €2,564m, -3.5% vs. 12-month revenues 2024, -2.3% like for like
• Q4 2025 revenues of €721m, +10.0% vs. Q4 2024, +12.1% like for like
• Q4 2025 order intake on equipment of €726m vs. €532m in Q4 2024, +36.5% vs 2024
• End of Q4 2025 order book on equipment at €1,121m vs. €1,084m in Q4 2024
• Anticipation of a recurring operating profit representing 5.5% of revenues
• Full-year 2026 revenue is expected to increase by around 4% over 2025

In the fourth quarter, the group revenues reached €721 million, an increase of 10.0% compared to the fourth quarter of 2024. This performance marks the strongest quarter of the fiscal year. This momentum is primarily driven by the Europe region and highlights the work of our industrial and sales teams. It contrasts, however, with the North America region, which remains penalized by increased customs duties, an uncertain economic environment, and unfavorable exchange rate effects.

Michel Denis, President & CEO