Nueva Expresión Textil (NXT) H1 2025 earnings summary

Executive summary

• Revenue for 1H 2025 reached €16.3M, up from €13.7M year-over-year, with EBITDA at €3.3M, a 50% increase from 1H 2024.

• Net profit rose to €1.27M, a significant improvement from €0.07M in 1H 2024.

• Operational cash generation was €2.5M, more than tripling the prior year.

• The group saw strong growth in both the Premium Fabric and Luxury Garment segments.

• Strategic focus on ramping up production in Guatemala, expanding sustainable dyeing technology, and pursuing inorganic growth.

Financial highlights

• Revenue: €16.3M (+20% YoY); EBITDA: €3.3M (+50% YoY); Net profit: €1.27M (x17 YoY).

• Gross margin improved due to lower personnel and operating expenses, but decreased to 45% from 57% YoY due to normalization after a non-recurring high-margin event in 2024.

• Net financial debt reduced to €16.6M from €29M at FY 2024, with a proforma post-sale figure of €12.2M.

• Positive consolidated equity of €10.3M at 1H 2025, up from negative €7.2M at FY 2024 and €(35.4)M a year ago.

• Cash and cash equivalents at period end were €6.78M, up from €767,000 at June 2024.

Outlook and guidance

• Second half expected to show higher revenues as Guatemala plant reaches full capacity and new contracts ramp up.

• Monthly order intake now exceeds €5M, up from <€3M in 1H 2025, indicating strong growth momentum.

• Strategic plan targets further debt reduction, stable production programs, and continued expansion in premium and sustainable segments.