ALSO (ALSN) H1 2025 earnings summary

Executive summary

• Net sales before PvA rose 35% year-over-year to €6,865M in H1 2025, with all segments contributing to growth.

• EBITDA increased 34% to €126M, including €6M in one-time acquisition costs.

• Net profit was €43M, up from €41.6M in H1 2024.

• Cloud platform users grew 34% to 5.5M, generating €845M in revenue.

• Growth driven by operational excellence, digital platforms, and successful integration of acquisitions.

Financial highlights

• Gross profit improved 30% year-over-year to €414M.

• Depreciation and amortization rose 57% to €33M, reflecting recent investments.

• Financial result declined to -€28M from -€12M, a 133% increase in net expense.

• Earnings per share were €3.38, compared to €3.40 in the prior year.

• Total comprehensive income attributable to shareholders was €48.2M, up from €43.1M.

Outlook and guidance

• EBITDA guidance for 2025 confirmed at €285–325M; mid-term target set at €425–525M.

• ROCE expected to exceed 17% in 2025 and 25% mid-term.

• Strategic focus on AI-driven operational excellence, digital platform growth, and cloud expansion.