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Hunyvers (ALHUN) investor relations material
Hunyvers H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Annual revenue reached €122.7M, down 5.9% year-over-year amid a broad market slowdown in boating and normalization of leisure vehicle (VDL) inventories.
Operating profit remained positive at €0.9M, despite a challenging environment and losses in the boating segment.
Net result turned negative at -€0.8M, impacted by higher financial expenses related to new vehicle inventory financing.
Financial highlights
Revenue declined 5.9% to €122.7M; at constant scope, sales dropped 10.8%.
Gross margin improved to 21% of sales from 20% the previous year.
Operating margin fell to 0.7% from 2.5% year-over-year.
Net cash flow from operations was positive at €5.3M, reversing a negative trend from the prior year.
Net financial debt decreased to €16.4M, with equity at €27.6M.
Outlook and guidance
Expects improved activity and profitability in 2025-2026, with acceleration in the second half.
Anticipates benefits from new VDL collections, improved delivery processes, and a favorable base effect in boating.
Market conditions expected to be more favorable for both business segments.
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