Aalberts N.V.: Aalberts reports progress on divestment programme

Core Viewpoint - Aalberts N.V. is actively restructuring its European portfolio through three significant transactions aimed at enhancing its strategic focus and aligning with its 'thrive 2030' strategy [4][5]. Group 1: Divestments - Aalberts has agreed to divest 100% of Metalis SAS, a French company generating annual revenue of approximately EUR 158 million and employing 1,045 people [2]. - The company will also divest 100% of BROEN ApS, a Danish firm with annual revenue of around EUR 82 million and 500 employees, with closure expected in the first half of 2026 [4]. Group 2: Shareholding Reduction - Aalberts has reached an agreement to reduce its shareholding in Kan Sp. z.o.o (KAN) from a controlling majority to 45%, changing the accounting treatment from full consolidation to equity accounting. KAN generates annual revenue of approximately EUR 160 million and has 800 employees [3]. Group 3: Strategic Direction - CEO Stéphane Simonetta emphasized the company's commitment to disciplined capital allocation and strategic choices to maintain leadership positions, aligning with global trends such as urbanization, technology acceleration, reshoring, and decarbonization [5]. - The impact of these transactions is not expected to alter the full year EBITA outlook previously provided in the 3Q results [5].