Nueva Expresión Textil (NXT) H2 2025 earnings summary

Executive summary

• Revenue grew 27% year-over-year to €30.4M, with EBITDA up 86% to €9.5M and net profit at €3.7M, reflecting operational normalization and strong order intake, especially in Guatemala and Portugal units.

• The group achieved a positive consolidated equity of €12.7M, reversing prior negative equity, driven by recurring profits, debt-to-equity conversions, and capital increases.

• Strategic agreements, notably a $175M contract with Maxum, and the industrialization of GreendyesⓇ technology, underpin multi-year revenue visibility and sustainable growth.

Financial highlights

• Revenue: €30.4M (+27% vs. 2024); EBITDA: €9.5M (+86%); EBIT: €5.4M; Net profit: €3.7M.

• Net financial debt reduced to €18.6M (from €29M in 2024), with DFN/EBITDA below 2.0x.

• Equity improved from -€7.2M to €12.7M; capital increases and debt conversions strengthened the balance sheet.

• Capex exceeded €10M, mainly for expanding Guatemala’s production capacity.

Outlook and guidance

• 2026 expected to benefit from a record order backlog, with contracted programs exceeding €350M for coming years.

• NextGreen and GreendyesⓇ to drive sustainable, scalable growth; new strategic agreements to impact financials from 2026 onward.

• Group targets maintaining DFN/EBITDA below 2.5x, even after strategic investments.