Delta Plus Group (ALDLT) Q4 2025 TU earnings summary

Executive summary

• 2025 revenue reached €389.6 million, down 2.6% year-over-year, with external growth and new customer strategies offsetting negative currency effects and a challenging organic environment.

• Q4 2025 revenue was €105.1 million, a 6.6% decrease, impacted by institutional instability in France and US-China trade tensions, though growth in Latin America and the Middle East provided some offset.

• Integration of Gevanta and Baspa contributed to resilience, with synergies identified for future growth.

Financial highlights

• Full-year revenue declined by 2.6% to €389.6 million, with a negative currency effect of €14.0 million (3.5%).

• Organic revenue decline was limited to 2.0% at constant scope and exchange rates; acquisitions contributed +0.9% growth at constant exchange rates.

• Q4 2025 saw a 6.6% revenue drop, with a scope effect of +3.6% and a currency effect of -4.9%.

Outlook and guidance

• 2026 budget targets a return to organic growth, driven by action plans, synergies, and normalization in core markets.

• Focus on consolidating positions in high-potential regions (South America, North America, Middle East) and pursuing further acquisitions.