DMG MORI (GIL) Q4 2025 earnings summary

Executive summary

• Order intake increased by 4% year-over-year to €2,340.2 million despite a challenging market environment marked by geopolitical uncertainties and trade conflicts.

• Sales revenues declined by 6% year-over-year to €2,090.4 million, reflecting subdued demand and export delays.

• EBIT dropped to €125.2 million from €245.4 million, with the EBIT margin falling to 6.0% from 11.0%.

• Free cash flow remained stable at €114.3 million compared to €117.0 million in the previous year.

Financial highlights

• EBITDA was €203.1 million, down from €326.0 million year-over-year.

• EBT totaled €123.6 million, a decrease from €254.7 million in the prior year.

• EAT reached €187.6 million, up from €87.5 million, driven by €101.9 million from discontinued operations due to compensation for the Ulyanovsk plant.

• Personnel expenses were €616.6 million, with a personnel ratio increase to 29.8% due to lower total work done.

Outlook and guidance

• Order intake for 2026 is forecasted between €2.3 billion and €2.5 billion.

• Sales revenues expected between €2.0 billion and €2.2 billion.

• EBIT guidance is €90 million to €110 million; free cash flow expected between €80 million and €100 million.

• The environment remains volatile with moderate global growth and persistent geopolitical risks.