Washtec (WSU) Q4 2025 earnings summary

Executive summary

• Achieved record revenue of EUR 498.6 million in 2025, a 4.6% increase year-over-year, with EBIT up 7.5% to EUR 48.9 million and EBIT margin improving to 9.8%.

• Free cash flow increased 6.1% to EUR 41.9 million; adjusted growth was 45% excluding a prior-year tax reimbursement.

• Growth driven by efficiency programs, digital innovation, and strong performance in Europe, offsetting weaker North America results.

• Strategic investments in production modernization, digital platforms, and new product launches, including SmartCare Connect and MagicCare.

• Sustainability initiatives advanced, targeting a 50% CO2 reduction by 2030 and improved water recovery rates.

Financial highlights

• Revenue reached EUR 498.6 million, up 4.6% year-over-year; currency-adjusted growth was 5.7%.

• EBIT rose 7.5% to EUR 48.9 million; EBIT margin improved to 9.8% from 9.5% prior year.

• Free cash flow increased 6.1% to EUR 41.9 million.

• Gross profit margin rose to 31.3% from 31.0%; gross profit up 5.8%.

• Earnings per share at EUR 2.29, slightly below prior year due to higher tax expenses.

Outlook and guidance

• 2026 guidance anticipates mid-single-digit percentage revenue growth and disproportionately higher EBIT growth.

• Free cash flow expected between EUR 35–45 million; ROCE to improve by up to 2.0 percentage points.

• Guidance does not factor in potential impacts from ongoing North America strategy development or unforeseen geopolitical events.