Utrecht, 26 February 2026 highlights (before exceptionals) revenue EUR 3,091 million; organic revenue decline 2.5%EBITA EUR 410 million; EBITA margin 13.2%earnings per share before amortisation EUR 2.61free cash flow EUR 361 millioninnovation rate at 20%; SDG rate at 71% CEO statement“Our performance in 2025 has been impacted by macroeconomic uncertainties, continued softness of our end markets, and geopolitical disruptions. We responded decisively to market conditions, implementing measures to restore sust ...

Platform focus yields highest ever quarter revenues and adjusted EBITDA In 2025, Azerion focused on its Platform business, introduced Azerion Intelligence (our multi-cloud and AI platform), refinanced its bonds and executed on efficiencies and cost savings. Our fourth quarter and our full year 2025 results show the consolidated effect of that focus. At the same time, our investments in multi-cloud and AI are already showing promising results and opportunities for growth. Results for the continuing operatio ...

Core Insights - Alm. Brand released its preliminary financial results for 2025 on January 29, 2026, indicating the completion of the annual reporting process [1]. Group Summary - The Group's Annual Report for 2025 has been made available, providing detailed insights into the company's financial performance and strategic direction [1].

Core Insights - SBM Offshore achieved strong operational performance in 2025, with Directional revenue of US$5.1 billion and Directional EBITDA of US$1.7 billion, reflecting the company's expertise in the FPSO lifecycle [2][8] - The company plans to return a record US$2.57 cash return per share, totaling US$440 million, which is a 57% increase compared to the previous year [3][45] - SBM Offshore's fleet expanded to 16 FPSOs, with total daily production nearing two million barrels of oil equivalent, while maintaining high safety and uptime performance [4][28] Financial Performance - Directional revenue decreased by 17% year-on-year from US$6.1 billion in 2024 to US$5.1 billion in 2025, primarily due to lower Turnkey revenue [9][10] - Directional EBITDA also saw a 10% decline, from US$1.9 billion in 2024 to US$1.7 billion in 2025, largely driven by the Turnkey segment [11] - Profit attributable to shareholders fell by 25% to US$677 million, or US$3.91 per share, reflecting the decrease in Directional EBITDA [14] Operational Updates - The construction of three major projects is on track: FPSO Jaguar for ExxonMobil, FSO Chalchi for Woodside, and FPSO GranMorgu for TotalEnergies [5][23] - The company is well-positioned in the deepwater market with at least 16 FPSO prospects identified for the next three years [6] - Fleet uptime was reported at 99.1%, indicating strong operational reliability [28] Strategic Initiatives - SBM Offshore is advancing its sustainability efforts, achieving approvals for FPSO designs that integrate carbon capture technology, aiming for an 80% reduction in GHG emissions [7][37] - The company signed a memorandum of understanding with Veolia to develop innovative floating desalination units, addressing global water scarcity [42] - Strategic collaborations with Cognite and SLB are being leveraged to optimize asset lifecycle management and enhance operational efficiency [4][40] Shareholder Returns - The company revised its dividend policy to include semi-annual payments, with a proposed US$200 million aggregate dividend for 2025 and 2026 [44][45] - The total cash return to shareholders is expected to reach a minimum of US$2.1 billion over the next six years [3][45] Guidance - For 2026, SBM Offshore projects Directional revenue of approximately US$6.5 billion and Directional EBITDA of around US$1.8 billion [47]

Core Insights - Corbion reported strong financial results for the year ending December 31, 2025, with significant growth in sales and adjusted EBITDA, reflecting the company's effective strategies in sustainable food ingredients [1][6]. Financial Performance - Organic sales growth for 2025 was +2.2%, with Q4 showing a stronger growth of +5.4% [2]. - Total sales reached €1,267.4 million for the year, with Q4 sales at €310.2 million [2][4]. - Adjusted EBITDA for the year was €204.3 million, representing a +26.7% organic growth, with Q4 adjusted EBITDA at €48.0 million [2][4]. - Operating profit increased to €116.5 million, reflecting an organic increase of +66.1% [2][4]. - Earnings per share (EPS) rose by +63.3% to €1.29 [2]. Dividend Proposal - The company proposed a dividend distribution of €1.00 per share, which includes a regular dividend of €0.64 and a special dividend of €0.36, highlighting its commitment to shareholder returns [2][6]. Segment Performance - In the Functional Ingredients & Solutions segment, positive volume/mix contributed to sales growth, with adjusted EBITDA margins improving by +230 basis points due to cost reductions and specialty product development [7]. - The Health & Nutrition segment experienced high-single-digit percent volume/mix growth, with Q4 showing particularly strong growth of +40%. The segment maintained a full-year adjusted EBITDA margin of 32.5% [8]. Future Outlook - For FY 2026, the company anticipates organic sales growth of +3-6% and an adjusted EBITDA margin of approximately 17%, with free cash flow expected to be around €85-90 million [5].

Financial Performance - Prosafe SE reported Q4 2025 EBITDA of USD 21.1 million, significantly up from USD 8.4 million in Q4 2024 [1][6] - Full-year 2025 EBITDA reached USD 40.0 million, an increase from USD 27.2 million in 2024, and at the high end of the guided range for the year [2][5] - Revenues for Q4 2025 were USD 70.9 million, compared to USD 37.0 million in the same quarter last year [6] Operational Highlights - The company achieved 100% fleet utilization in Q4 2025, with all five units under contract [6] - Safe Boreas commenced operations in Australia ahead of schedule, starting full day rate from December 15, 2025 [1][6] - The backlog reached USD 428 million, including options and excluding the letter of intent for Safe Caledonia [6] Market Outlook - Prosafe is positioned for continued earnings growth in 2026, with full-year EBITDA expected to be in the range of USD 45-55 million [2][5] - The company is experiencing strong demand in the global offshore accommodation market, particularly in Brazil and Africa [6] - All high-end vessels are contracted through 2026 and into 2027, reflecting significant commercial progress [5][6]

Core Insights - Syensqo reported a full year free cash flow of €356 million, exceeding prior expectations, and a pro forma underlying EBITDA of €1.21 billion with resilient margin performance [1][5][19] - The company experienced a 4% year-on-year net sales growth in Composite Materials, supported by a strong fourth quarter [1][5][19] Q4 2025 Highlights - Net sales for Q4 2025 were €1.42 billion, impacted by year-on-year foreign exchange movements (-6%) and lower volumes (-5%), while pricing remained stable [5][39] - Gross profit decreased by 18% year-on-year to €397 million, resulting in a gross margin of 28% [5][39] - Underlying EBITDA for Q4 was €238 million, a 20.2% decrease year-on-year, primarily due to lower performance in Specialty Polymers and Technology Solutions [5][39] - The underlying EBITDA margin contracted to 16.8%, down 190 basis points year-on-year [5][39] - Operating cash flow was €252 million, and free cash flow was €136 million, supported by working capital inflows [5][39] FY 2025 Highlights - Full year net sales totaled €6.14 billion, affected by foreign exchange movements (-3%) and lower volumes (-3%), with stable pricing [5][26] - Gross profit for the year was €1,901 million, down 14% year-on-year, leading to a gross margin of 31% [5][26] - Underlying EBITDA for the full year was €1,210 million, a 12% decrease year-on-year, mainly due to lower contributions from Specialty Polymers and Novecare [5][26] - The underlying EBITDA margin for the year was 20%, a decline of 210 basis points year-on-year [5][26] - The underlying profit attributable to Syensqo shareholders was €381 million [5][26] Shareholder Returns and Strategic Moves - The company repurchased approximately 1,687,000 shares, amounting to around €116 million, and proposed a dividend of €1.62 for 2025 [5][26] - The divestment of the Oil & Gas business unit was completed in January 2026 for an enterprise value of €135 million, advancing the company's specialty strategy [5][26] 2026 Outlook - The company anticipates continued macroeconomic and demand uncertainty across most end markets in 2026 [9][28] - Expected low single-digit volume growth in 2026, with Composite Materials leading the improvement due to strong demand in civil aerospace [10][48] - Specialty Polymers are expected to see modest volume growth, offset by lower volumes in Consumer Electronics [11][30] - The gross margin across core business units is expected to remain stable compared to 2025 [14][52] - The company is on track to deliver over €200 million in cost savings by the end of 2026 [15][53]

Sales revenue of Tallinna Sadam in 2025 was 119 million euros. Adjusted EBITDA was close to 57 million euros and profit more than 22 million euros. Comparing to the preceding year sales revenue decreased slightly by –0.8% but adjusted EBITDA increased by +6% and profit by +17%. Sales revenue in the fourth quarter was more than 29 million euros, adjusted EBITDA was 11 million euros and profit 3.6 million euros. Comparing to the same period last year sales revenue increased by +1.3%, adjusted EBITDA decreased ...

Strong 2025 performance with renewedcommercial momentum at year-end Revenue up +10.3% in constant currencies, led by +14.4% growth in constant currencies of Planisware’s SaaS ModelCommercial momentum improving and strong bookings with new logos at year-endAdjusted EBITDA margin* up +220bps to 37.4% of revenue reflecting operational discipline and scalabilityProfit for the period up +17.0% year-on-year to € 50.0 million or € 0.71 earnings per shareStrong cash generation with adjusted FCF* reaching € 59.3 mil ...

Highlights Record results with Group turnover at 4.2 billion euros compared to 4.1 billion euros a year agoEBITDA at 931 million euros from 764 million euros a year ago, an increase of 22%, and reaching 22.4% of turnover, up from 18.6% for 2024Net profit reaching 346 million euros, compared to 288 million euros a year ago, an increase of 20%Proposed gross dividend of 4.5 euros per share, compared to 3.8 euros per share a year ago Order book stood at 7.6 billion euros at the end of the year, above both mi ...