Mersen Reports Resilient 2025 Performance, Projects Growth for 2026

In 2025, Mersen, a leader in electrical power and advanced materials, achieved sales of €1,186 million with a solid EBITDA margin of 16%, aligning with its forecast. The company marked a return to positive free cash flow one year earlier than scheduled, despite a €45 million one-off asset impairment impacting net income, which stood at €14 million. The proposed dividend remains unchanged at €0.90 per share.

Looking ahead to 2026, Mersen anticipates organic sales growth between 2% and 6%, sustaining its 16% EBITDA margin while facing challenges in the solar and SiC semiconductor markets. The company is preparing for governance changes and emphasizes leveraging its strong market positions and expanding leadership for continued progression.

The financial structure remains robust with a leverage ratio of 2.2x. Net debt rose slightly to €382.5 million due to capital expenditure focus on growth plans in key sectors.