Aumann (AAG) Q4 2025 earnings summary

Executive summary

• Revenue declined 35% to EUR 204 million in 2025, mainly due to weak order intake and subdued automotive investment, especially in the E-Mobility segment.

• EBITDA margin improved by 2.3 percentage points year-over-year to 13.8%, reflecting strong profitability despite the revenue drop.

• Strategic realignment towards Next Automation, with significant order intake growth and expansion into clean tech, aerospace, defense, and life sciences.

• Solid balance sheet with net cash position of EUR 148 million and equity ratio at 66.7%.

• Proposed a dividend of EUR 0.25 per share, reflecting continued shareholder returns.

Financial highlights

• Revenue fell from EUR 312.3 million to EUR 204 million year-over-year, mainly due to a 37% drop in E-Mobility segment revenue.

• EBITDA was EUR 28.2 million, with a margin of 13.8%.

• Order intake declined 26% to EUR 147.5 million; order backlog at year-end was EUR 122.2 million.

• Cash flow from operations reached EUR 38.4 million; net cash position at year-end was EUR 148 million.

• Equity ratio at 66.7%.

Outlook and guidance

• 2026 revenue guidance set at EUR 160–180 million, with EBITDA margin expected between 6–8%.

• E-Mobility revenue likely to decline further due to lower starting backlog; Next Automation expected to maintain positive momentum.

• Continued focus on cost optimization, capacity adjustments, and M&A, especially in Next Automation.