AALB Aalberts N.V.

Aalberts N.V.: Aalberts reports full year results 2025

Aalberts N.V.: Aalberts reports full year results 2025

Utrecht, 26 February 2026

highlights

(before exceptionals)

  • revenue EUR 3,091 million; organic revenue decline 2.5%
  • EBITA EUR 410 million; EBITA margin 13.2%
  • earnings per share before amortisation EUR 2.61
  • free cash flow EUR 361 million
  • innovation rate at 20%; SDG rate at 71%



CEO statement

“Our performance in 2025 has been impacted by macroeconomic uncertainties, continued softness of our end markets, and geopolitical disruptions. We responded decisively to market conditions, implementing measures to restore sustainable performance and confirmed to be a resilient company.

We protected our added value margin and managed cost inflation, realised a strong reduction of inventories, decreased our capital expenditure, drove operational efficiency and innovation, made progress with our greenfield projects and business development. As a result of our focus, we report a strong free cash flow”, said Stéphane Simonetta.

“We made good progress rebalancing our portfolio with three acquisitions (in America for industry and building, and in Southeast Asia for semicon) and three transactions in Europe as part of our divestment programme. 

Our sustainability commitments are on track with a SDG rate at 71%. Last year marked the first phase of our ‘thrive 2030’ strategy - a foundation for future growth.”

dividend and share buyback

To the General Meeting, we propose a cash dividend of EUR 1.15 over 2025. 

In addition, we announce a EUR 75 million share buyback programme, commencing on 27 February 2026 and running until 9 October 2026, for the purpose of repurchasing and subsequently cancelling shares, reinforcing our dedication to enhancing shareholder value.

outlook

Based on current market conditions we expect improvements on organic revenue growth and EBITA margin in 2026. We will continue to deploy our strategic actions as per our ‘thrive 2030’ strategy.



webcast

A webcast will take place on 26 February 2026, starting at 9:00 am CET. 

The webcast and presentation can be accessed via

contact

+31 (0)30 3079 302 (from 8:00 am CET)

Attachment



EN
26/02/2026

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Aalberts N.V.

Tijs Hollestelle
  • Tijs Hollestelle

REVISED VERSION - Aalberts/Semi business preparing for a cyclical uptu...

We reiterate our BUY rating and raise our target price from €38.75 to €39.50. Although the FY25 results were a bit messy and contained a lot of one-off items, we became more bullish on the story after the investor call as the medium-term outlook improved materially in our view. Firstly, management provided more granularity about the pending recovery in the Semi division – the outlook for 2027 is very strong and to us it sounds that timing of the shipments is the only factor of uncertainty when t...

Martijn Den Drijver
  • Martijn Den Drijver
ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

Aalberts: In-line FY25, but low quality / AMG: 4Q25 beat by 7%; in-line 2026 guidance / Bekaert: In-line 2025, cautious outlook for 2026 to result in c.8% consensus cut / CMB.TECH: A small bit beat but not the full story / Corbion: Dividend sweetener / CTP: Q4 results lighter due to some delays; stronger 2026 outlook / DEME: Strong FY25 numbers and FY26 outlook / Elia Group: Preview FY25 results / SBM Offshore: Another step-up in shareholder return / Syensqo: Substantial miss in 4Q25; FY26 outlo...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch