EQS-News: Semperit: Positive momentum continues in the third quarter of 2025 

Semperit: Positive momentum continues in the third quarter of 2025 

• EBITDA improves to EUR 21.3 million in Q3
• Revenue reaches EUR 483.4 million and EBITDA EUR 52.0 million in Q1-3 2025
• Savings will reduce annual cost base by a further EUR 10 million in future
• Recovery in order situation compared to previous year continues
• Outlook for operating EBITDA in 2025 specified at around EUR 78 million

Vienna, November 12, 2025 – In the third quarter of 2025, the Semperit Group continued the improvement in earnings, which had begun despite a market environment that remained challenging. After a subdued start to the year, EBITDA rose to EUR 21.3 million in the third quarter, compared with EUR 19.6 million (Q2 2025) and EUR 11.1 million (Q1 2025). Revenue for the first three quarters amounted to EUR 483.4 million (–4.6%), EBITDA to EUR 52.0 million (–18.6%) and operating EBITDA before project costs to EUR 55.6 million (–14.3%).

“The order situation has recovered noticeably over the course of the year and contributed to the positive earnings development in the third quarter. At the same time, we have sustainably strengthened our margins with further measures to increase efficiency. The savings defined since the beginning of the year will again reduce our annual cost base by more than EUR 10 million,” says Semperit CEO Manfred Stanek. “Even though the market environment remains challenging, we believe we are very well positioned for the coming year. Our lean processes, our innovative strength and the development of new product segments enable us to benefit above average from even a slight market recovery.”

Free cash flow – net cash flow adjusted for interest payments, which is available for strategic growth, dividends and debt repayment – remained stable at EUR 22.3 million (previous year: EUR 22.4 million).

The Semperit Group has a robust balance sheet and financing base with an equity ratio of 47.0% (December 31, 2024: 47.2%) and a conservative leverage ratio, measured by net financial debt in relation to EBITDA, of 1.5x (December 31, 2024: 1.2x). Cash and cash equivalents amounted to EUR 86.6 million (December 31, 2024: EUR 126.0 million) after a Schuldschein loan with a nominal value of EUR 31 million was repaid from own resources in the third quarter.

Outlook

Operating EBITDA (before project costs) of around EUR 78 million is expected for the 2025 financial year (previously: EUR 65 million to EUR 85 million). The costs for the digitalization project oneERP that will affect earnings will amount to around EUR 5 million.

Detailed results

The Semperit Group, which focuses exclusively on industrial customers with its two divisions, Semperit Industrial Applications (SIA) and Semperit Engineered Applications (SEA), generated revenue of EUR 483.4 million (–4.6%) in the first three quarters of 2025. The SIA division, which comprises Hoses and Profiles, generated revenue of EUR 201.2 million (–1.0%) and EBITDA of EUR 37.7 million (–8.3%). This resulted in a divisional margin of 18.7% (–1.5 PP). In the Hose business unit, direct customers have stopped destocking, while the profile business continues to be affected by the weak construction industry. The SEA division (Form, Belting and Liquid Silicone Rubber/LSR), which was confronted with project postponements by customers in the conveyor belt and LSR mold businesses in the first quarter, recovered in the following quarters and generated revenue of EUR 282.2 million (–7.0%), EBITDA of EUR 26.3 million (–28.5%) and an EBITDA margin of 9.3% (–2.8 PP).

Inventories of own products increased in the Group by EUR 9.4 million in the first nine months as inventory levels normalized (previous year: inventory reduction of EUR 3.3 million). Total expenses remained stable at EUR 449.6 million (previous year: EUR 446.6 million). Cost of materials amounted to EUR 215.5 million (previous year: EUR 213.5 million), personnel expenses to EUR 166.5 million (previous year: EUR 166.4 million) and other operating expenses to EUR 67.6 million (EUR 66.7 million).

EBITDA thus reached EUR 52.0 million (previous year: EUR 63.9 million) and the EBITDA margin was 10.8% (previous year: 12.6%). Operating EBITDA amounted to EUR 55.6 million (previous year: EUR 64.8 million) and the margin to 11.5% (previous year: 12.8%). EBITDA was adjusted for effects on income from the Group’s flagship digital transformation project (oneERP) amounting to EUR 3.5 million.

Regular depreciation and amortization increased slightly to EUR 36.9 million (previous year: EUR 34.6 million). Impairment losses on intangible assets amounted to EUR 3.3 million and related to the customer base in the Liquid Silicone Rubber (LSR) segment. EBIT thus amounted to EUR 11.8 million (previous year: EUR 26.8 million).

The financial result amounted to EUR –15.4 million (previous year: EUR –12.1 million), with the deviation primarily attributable to negative currency effects resulting from the weaker US dollar.

Tax expenses fell to EUR 4.8 million (previous year: EUR 7.7 million), bringing earnings after tax to EUR –8.4 million (previous year: EUR 7.1 million). This corresponds to earnings per share of EUR –0.41 (previous year: EUR 0.35).

Overview of the main financial figures of Q1-3 2025

¹ Operating EBITDA: excluding items that affect comparability

^¹ As part of the optimization of the industrial strategy, the mandrel hose product group was transferred from the Semperit Industrial Applications division (Hoses business unit) to the Semperit Engineered Applications division (Form business unit) with effect from January 1, 2025. The comparative figures have been adjusted accordingly.

For further details please see the Semperit Group’s report on the first three quarters of 2025: https://www.semperitgroup.com/investor-relations/

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About Semperit

The publicly listed Semperit AG Holding is an internationally oriented group of companies that develops, produces and sells high-quality elastomer products and applications for industrial customers in over 100 countries worldwide through its two divisions, Semperit Industrial Applications and Semperit Engineered Applications. With its highly efficient production and cost leadership, the Semperit Industrial Applications division focuses on industrial applications in connection with large-scale production, including hydraulic and industrial hoses as well as profiles. The Semperit Engineered Applications division comprises the production of escalator handrails, conveyor belts, cable car rings, other engineered elastomer products, as well as the Rico Group (liquid silicone and mold making), and focuses on customized technical solutions. The traditional Austrian company was founded in 1824 and is headquartered in Vienna. The Semperit Group employs around 4,000 people worldwide and has 16 production sites and numerous sales offices in Europe, Asia, Australia and America. In the 2024 financial year, the Group generated revenue of EUR 676.6 million and EBITDA of EUR 84.9 million.