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Semperit (SEM) investor relations material
Semperit Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 2025 EBITDA rose to €21.3 million, up 92% from Q1 and 9% from Q2, with a 28.7% year-over-year increase; earnings after tax turned positive at €2.8 million, reversing prior losses.
Order intake and backlog now exceed 2024 levels, supporting confidence for year-end; positive momentum after a weak Q1.
Additional cost savings initiatives will reduce annual costs by €10 million.
Faced challenging markets in early 2025 due to US tariff policy and weak customer investment, but improved earnings from Q2 onward through cost reductions.
Financial highlights
Revenue for the first nine months of 2025 was €483.4 million, down 4.6% year-over-year; EBITDA at €52.0 million, down 18.6%; EBIT at €11.8 million, down 55.9%.
Q3 2025 revenue was €162.9 million (+1.1% YoY); EBITDA margin for Q1-3 2025 at 10.8% (Q1-3'24: 12.6%).
Free cash flow stable at €22.3 million; net financial debt/EBITDA at 1.5x; equity ratio at 47%.
Dividend of €0.50 per share (€10.3 million) paid in April 2025.
Operating EBITDA for the first three quarters was €55.6 million, including €3.5 million in One ERP project costs.
Earnings after tax for the first nine months were negative €8.4 million, impacted by a €3.3 million impairment and €4.2 million negative currency effects.
Outlook and guidance
Full-year 2025 operating EBITDA expected at approximately €78 million, before €5 million in One ERP project costs.
CapEx for 2025 projected at €40 million, with €30 million for maintenance and €10 million for strategic growth.
Seasonality expected in 2026, with a slower start and stronger second half.
Midterm growth drivers include German infrastructure, EU defense budgets, and Ukraine reconstruction.
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