Neurones (NRO) Q4 2025 TU earnings summary

Executive summary

• Annual revenue reached €857.2 million in 2025, surpassing expectations.

• Organic growth for the year was 5.1%, with total growth at 5.8% year-over-year.

• Digital and data projects saw double-digit growth, and AI-related activities showed a strong upward trend.

• The group benefited from a more favorable environment at year-end.

Financial highlights

• Q4 2025 revenues were €225 million, up 6.5% year-over-year, with 6.2% organic growth.

• Operating profit margin improved from 7.8% in H1 to 9.8% in H2; full-year margin at 8.8% (audited).

• Average workforce increased by 280 people in 2025 to support growth.

Outlook and guidance

• Market conditions are expected to be more buoyant in the coming year.

• Forecasts for the current year will be announced with Q1 revenues.