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CAF (CAF) investor relations material
CAF Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved all 2025 targets across key metrics, including revenue, EBIT, net profit, and sustainability goals.
Record order intake and all-time high order backlog, with strong growth in both rail and bus segments.
Significant strategic milestones: largest contract in company history (SNCB Belgium), major metro and bus projects in Europe and North America.
Entered final year of strategic plan with positive outlook and continued growth momentum.
Financial highlights
Revenue rose 7% year-over-year to €4,487m; EBIT up 14% to €246m; EBIT margin improved to 5.5%.
Net attributable profit surged 42% to €146m; EPS reached €4.27.
Book-to-bill ratio at 1.3x; order backlog hit €16,235m (+10% vs. prior year).
Cash flow generation of €88m; net financial debt reduced to €188m (NFD/EBITDA 0.5x).
Dividend per share proposed at €1.52 (+14% vs. 2024).
Outlook and guidance
2026 forecast: high single-digit revenue growth, improved profitability, and stable NFD/EBITDA.
Continued focus on selective order intake and emission reductions.
Strategic plan targets to be met ahead of schedule, with strong positioning for next cycle (2027–2030).
- Net profit up 66% and order backlog at record €15,579m, driven by strong segment growth.CAF
Q3 202513 Nov 2025 - Record order intake and profit growth, with strong zero-emission mobility momentum.CAF
Q2 202528 Jul 2025 - Revenue up 11% and net profit up 52%, with a €13.8bn backlog and strong ESG progress.CAF
H1 20244 Jul 2025 - Net profit up 15% and revenue up 7% year-over-year, with robust backlog and stable outlook.CAF
Q3 202413 Jun 2025 - Record order intake and backlog drive double-digit growth and improved profitability.CAF
Q1 20256 Jun 2025 - Record revenue, profit, and backlog set the stage for continued growth in sustainable mobility.CAF
H2 20245 Jun 2025
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