Assystem (ASY) Q3 2025 TU earnings summary

Executive summary

• Revenue for the nine months ended 30 September 2025 reached €484.2 million, up 8.7% year-over-year, with organic growth of 5.4% led by international business.

• Third quarter 2025 revenue was €157.7 million, a 9.4% increase from Q3 2024, with 6.8% organic growth.

• Nuclear activities contributed 76% of total revenue for the nine-month period.

Financial highlights

• International revenue grew 19.7% year-over-year to €199.3 million, with 10.9% organic growth and a positive 11.0% impact from scope changes.

• France revenue was €284.8 million, up 2.1% year-over-year, entirely organic.

• Currency effects negatively impacted total revenue by 0.8% for the nine months.

Outlook and guidance

• Full-year 2025 targets maintained: organic consolidated revenue growth of around 5% and a stable EBITA margin.