INDUS Group Reports Strong Third Quarter Performance with 10% Earnings Growth and Confirmed Full-Year Guidance

INDUS Group achieved significant financial momentum in the third quarter of 2025, reporting a 10.1% increase in adjusted EBITA to €48.1 million compared to €43.7 million in the same period last year. The company's quarterly revenue reached €437.4 million, marking the highest quarterly total in the 2025 financial year, while the adjusted EBITA margin improved substantially to 11.0% from 9.9% in the previous year.

Dr. Johannes Schmidt, Chairman of the INDUS Group's Board of Management, stated that the Group gained significant momentum despite persistent macroeconomic challenges, noting that cost management efforts are delivering measurable results. The quarterly earnings reached their highest level since the beginning of 2024, indicating the company is proceeding according to plan despite difficult market conditions.

The positive performance extended across all three business segments. The Engineering segment companies increased incoming orders by 35.5% in the first three quarters compared to the previous year, with notable orders for long-term plant engineering projects. This segment was further strengthened in 2025 by strategic acquisitions including stud welding specialist HBS and its US subsidiary SUNBELT, as well as US precision metal manufacturer METFAB. The Infrastructure segment defied market trends with revenue rising to €453.5 million in the first nine months, while the Materials Solutions segment showed a clear upward trend in the third quarter with segment earnings reaching €16.4 million, significantly higher than the previous year's €12.6 million.

Financial metrics showed substantial improvement across multiple areas. Earnings per share climbed to €2.46, significantly higher than the previous year's €1.89, while free cash flow increased by approximately €67 million in the third quarter alone. The equity ratio stood at 37.4% as of 30 September 2025, maintaining a strong financial position. The annual impairment test resulted in only minor goodwill impairments totaling €1.4 million, a substantial improvement from the previous year's €6.7 million.

International revenue now accounts for 52% of total revenue, reflecting the success of INDUS's EMPOWERING MITTELSTAND strategy which emphasizes internationalization, acquisitions, and engineering competence as key growth drivers. The company has added five acquisitions to its portfolio so far in 2025, including deals in Sweden and the United States, with expectations for completing additional transactions by year-end. The full interim report provides comprehensive details available at https://www.indus.eu.

For the full year 2025, the Board of Management continues to project Group revenue between €1.70 billion and €1.85 billion and earnings in the range of €130 million to €165 million. The adjusted EBITA margin is still expected to be between 7.5% and 9.0%, with free cash flow projected to exceed €90 million for the full year. This performance demonstrates INDUS's ability to navigate complex political and macroeconomic environments while maintaining growth trajectory through strategic portfolio management and international expansion.