Novem Group S.A.: Preliminary Results Highlight Tough Conditions

Novem Group S.A. has announced its preliminary results for the financial year 2025/26, revealing a revenue of €510.9 million, reflecting a 5.6% decline compared to the previous year. The adjusted EBIT stood at €31.8 million, marking a significant 35% decrease from last year. Despite these setbacks, the company saw its free cash flow increase by 68.9%, reaching €48.1 million.

The fiscal year was marred by global economic challenges, including rising protectionism and tariffs. However, Novem Group managed modest growth in Q4, with revenues of €138.6 million, a slight 0.4% increase year-on-year, largely driven by a robust tooling business. The company also secured a term loan extension, reflecting its commitment to financial stability.

Full-year capital expenditure was stable at €12.4 million, while the net leverage ratio remained steady. Ultimately, Novem's efforts in cost control and expansion initiatives helped fortify its position amid challenging market conditions.