AALB Aalberts N.V.

Aalberts N.V.: Aalberts delivers 15% EBITA margin in challenging markets

Aalberts N.V.: Aalberts delivers 15% EBITA margin in challenging markets

Utrecht, 25 July 2024



highlights

  • EBITA margin 15.0%; EBITA EUR 242 million
  • added value margin 63.8%
  • organic revenue decline 3.9%
  • earnings per share before amortisation EUR 1.61
  • cash flow from operations EUR 182 million



CEO statement

“The first six months of the year have been challenging as we saw lower activity at our customers, especially headwinds in building technology, but we improved our added value margin and our profitability continued to be strong in industrial technology. We sustained 15% EBITA margin with cost saving actions and robust price levels”, said Stéphane Simonetta.

“The soft market in eco-friendly buildings will likely continue in the second half of the year. The semicon efficiency outlook remains positive, driven by long-term growth and AI technology advancements. The demand in sustainable transportation and industrial niches remains with a mixed picture in our various end-markets, regions and technologies.

We deploy our strategy with operational excellence initiatives and footprint optimisation to reduce our fixed costs and secure our margin objectives. While we manage the short-term volatile market environment, we continue to invest for the long term and execute our strategic initiatives with our business development plans and portfolio optimisation.

Overall, we remain well positioned for the rebound of activity.”



outlook

We are executing our strategy Aalberts ‘accelerates unique positioning’, realising our objectives. We will continue to focus on organic revenue growth, operational excellence, portfolio optimisation and sustainable entrepreneurship to enable a clean, smart and responsible future.

On 10 December 2024 we will give an update of our strategy during a capital markets day.



webcast

An audio webcast will take place on 25 July 2024, starting at 9:00 am CEST.

The audio webcast and presentation can be accessed via 



contact

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



regulated information


This press release contains information that qualifies or may qualify as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

Attachment



EN
25/07/2024

Underlying

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

Reports on Aalberts N.V.

 PRESS RELEASE

Aalberts reports the completion of its share buyback programme

Aalberts reports the completion of its share buyback programme Utrecht, 12 August 2025, Aalberts today reports the completion of the share buyback programme as announced on 27 February 2025, for a total amount of EUR 75 million. The repurchase of shares commenced on 28 February 2025 and completed on 04 August 2025. It is intended that the shares will be cancelled following repurchase. 51,373 of its own shares have been repurchased on 04 August 2025, for an amount of EUR 1,433,068.14, so at an average share price of EUR 27.90 Up to and including 04 August 2025, a cumulative total of 2,54...

 PRESS RELEASE

Aalberts reports the progress of its share buyback programme 28 July ...

Aalberts reports the progress of its share buyback programme 28 July – 01 August 2025 Utrecht, 5 August 2025, Aalberts today reports that it has repurchased 242,722 of its own shares in the period from 28 July 2025, up to and including 02 August 2025, for an amount of EUR 9,756,200, so at an average share price of EUR 28.47. This is part of the share buyback programme as announced on 27 February 2025, for a total amount of EUR 75 million. The repurchase of shares commenced on 28 February 2025 and will be completed no later than 24 October 2025. It is intended that the shares will be canc...

 PRESS RELEASE

Aalberts reports the progress of its share buyback programme 21 July ...

Aalberts reports the progress of its share buyback programme 21 July – 25 July 2025 Utrecht, 29 July 2025, Aalberts today reports that it has repurchased 145,500 of its own shares in the period from 21 July 2025, up to and including 25 July 2025, for an amount of EUR 4,011,589.94, so at an average share price of EUR 27.57. This is part of the share buyback programme as announced on 27 February 2025, for a total amount of EUR 75 million. The repurchase of shares commenced on 28 February 2025 and will be completed no later than 24 October 2025. It is intended that the shares will be cancel...

Hilde Van Boxstael ... (+7)
  • Hilde Van Boxstael
  • Jacob Mekhael
  • Kristof Samoy
  • Livio Luyten
  • Thibault Leneeuw
  • Wim Hoste
  • Wim Lewi
Kristof Samoy
  • Kristof Samoy

Aalberts Model update: 1H25 Results Disappoint; Outlook Cut, Lowered T...

Last Thursday, Aalberts reported 1H25 results that fell short of expectations. Management no longer anticipates a recovery in growth during 2H25 and now guides for a full-year EBITA margin of 13–14% (previously >15%). The 2026 margin target of 16–18% was not reaffirmed. As a result, the stock sharply declined, erasing all gains since the announcement of its intention to acquire the listed Singaporean mechatronics company GVT. Despite the disappointing update, we maintain our Accumulate rating on...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch