Serge Ferrari Group (SEFER) Q2 2025 TU earnings summary

Executive summary

• Revenue reached €178.7 million in H1 2025, reflecting over 10% growth year-over-year.

• Q2 2025 revenue was €99.6 million, up 12.6% compared to the same quarter last year.

• Sales momentum continued in Q2, with strong performance in historic and recovering markets.

Financial highlights

• H1 2025 revenue increased by 10.4% at current scope and exchange rates versus H1 2024.

• Q2 2025 revenue growth driven by a favorable price-mix effect of +16.0%.

• Volume effect was -3.0% in Q2, mainly due to declining modular structures markets.

• Currency effect was -0.4% in Q2 2025.

Outlook and guidance

• Focus remains on adaptability and profitability, following the Transform 2025 plan.

• The group aims to maintain its growth trajectory despite ongoing geopolitical uncertainties.