Egide: RESULTS FOR THE 1st HALF OF 2025

Core Insights - Consolidated revenue for the first half of 2025 increased by 1% to €15,583k compared to the same period in 2024, with a notable improvement in EBITDA to €182k, up €559k from H1 2024, although the net loss widened to €2,043k from €1,448k due to exceptional items and lower revenue at Santier [2][14][17]. Financial Performance - Revenue growth of 1% in H1 2025, driven by a €149k increase from H1 2024 [9]. - EBITDA improved significantly to €182k from -€377k in H1 2024, marking a €559k improvement [14][18]. - Operating result deteriorated by €218k to -€1,388k, while the financial result worsened by €361k to -€729k [5][14]. - Net loss increased by €595k to €2,043k compared to H1 2024 [17]. Revenue Breakdown - Egide SA's revenue rose by 11% to €7,814k, while Egide USA's revenue increased by 10% to €5,679k. In contrast, Santier's revenue fell by 35% to €2,090k due to the discontinuation of high-value programs [7][13][14]. - Geographically, North America saw a 7% decline in revenue, Europe experienced a 53% increase, and Asia & ROW faced a 24% decline [10][14]. Strategic Outlook - The company anticipates revenue growth in the second half of 2025, supported by ongoing improvements in EBITDA and a focus on sustainable operating profitability [26]. - Continued efforts to diversify the customer portfolio and strengthen the presence in strategic markets, particularly in defense and aerospace sectors [27][31]. - The organization is adapting to enhance competitiveness through the development of synergies between French and American entities [28]. Leadership Changes - Ignace Dupon has been appointed as Group CEO effective August 1, 2025, aiming to strengthen the integration of operations across regions [21][24][25].