Fagron continues its outstanding performance in FY 2025 with 9.2% topline growth and 10.9% increase in REBITDA

Core Insights - Fagron reported a strong performance in FY 2025 with a 9.2% topline growth and a 10.9% increase in REBITDA [1][6] Financial Performance - Revenue reached €952.2 million, exceeding guidance, with a reported growth of 9.2% (12.9% at constant exchange rates) [7] - Organic growth at constant exchange rates was 9.1%, driven by sustained underlying demand and disciplined commercial execution [7] - REBITDA increased by 10.9% year-over-year to €192.9 million, resulting in a REBITDA margin of 20.3% [7] - Operating cash flow was €155.3 million, with free cash flow of €125.9 million, reflecting a 29.0% year-over-year increase [7] - The leverage ratio decreased to 1.2x from 1.4x in 2024, providing capacity for expansion capital expenditures and acquisitions [7] - Earnings per share (EPS) rose to €1.25, a 13.6% increase year-over-year, with a 9% compound annual growth rate over the last eight years [7] - A dividend proposal of €0.40 per share was made, marking a 14.3% increase year-over-year [7] Regional Performance - EMEA showed resilient performance due to geographical diversification and integration of recent acquisitions [4] - Latin America, particularly Brazil, maintained strong momentum driven by the Brands portfolio and innovation pipeline [4] - North America-Pacific benefited from outsourcing demand and onboarding new customers, alongside ongoing efficiency initiatives [4] Strategic Initiatives - The company experienced significant M&A activity, announcing 12 acquisitions across all regions and segments, with integration progressing as planned [5][7] - The company remains focused on execution and capturing synergies from acquisitions [5] - The outlook for FY 2026 includes mid- to high-single digit organic sales growth and slight margin improvement year-over-year [7]