Core Viewpoint - SPIE, a European leader in multi-technical services, has acquired INVIZO s.r.o., a Slovak company specializing in building security systems and smart technical solutions, enhancing its service portfolio in Slovakia [1][5]. Group 1: Acquisition Details - The acquisition is executed by SPIE Elektrovod, a subsidiary of SPIE Central Europe, which is a leading provider of engineering and technical services for high-voltage energy infrastructure [4]. - INVIZO s.r.o. was established in 1997 and is recognized for its expertise in designing, implementing, integrating, and maintaining security systems, including electronic fire protection, access control, CCTV, and intrusion detection [2][3]. Group 2: Financial Performance - In 2024, INVIZO generated revenues of approximately €7 million and employs over 80 professionals with strong engineering and technical expertise [3]. Group 3: Strategic Implications - The acquisition allows SPIE to expand its technical services beyond energy infrastructure in Slovakia, offering more integrated solutions to clients and strengthening its market position [5]. - INVIZO's integration into SPIE Group is expected to enhance its capacity to undertake more complex projects and provide long-term stability and development opportunities for its employees [5]. Group 4: Company Overview - SPIE Group achieved consolidated revenues of €9.9 billion and consolidated EBITA of €712 million in 2024, with a workforce of 55,000 employees committed to energy transition and digital transformation [6].

Core Insights - SPIE has signed an agreement to acquire Worley Power Services, enhancing its expertise in technical maintenance for power generation assets [1][4] - The acquisition positions SPIE Global Services Energy to play a significant role in Australia's transition from coal and gas to renewable energy sources [1][4] Company Overview - SPIE is a European leader in multi-technical services, focusing on energy infrastructure and communications, with consolidated revenues of €9.9 billion and EBITA of €712 million in 2024 [5] - Worley Power Services has over 20 years of operational experience and is a market leader in full life-cycle asset management, particularly in low-carbon power generation [2][3] Operational Details - Worley Power Services manages operations and maintenance for 27 power generation assets with a total capacity exceeding 2700MW and over 1,100km of gas pipelines [3] - For the financial year ending June 30, 2025, Worley Power Services generated approximately €70 million in revenue and employs 320 highly qualified technicians and engineers [3] Strategic Implications - The acquisition will strengthen SPIE's presence in Australia, a strategic market, and enhance its capabilities in operations, maintenance, and asset integrity within the green energy sector [4] - The integration of Worley Power Services is expected to support SPIE's strategy in achieving energy transition and responsible digital transformation [5][6]

Core Insights - SPIE has signed a three-year European framework agreement with Tesla for battery energy storage system (BESS) projects, enhancing collaboration based on previous projects in Belgium, the Netherlands, and France [1][2][4] Group 1: Agreement Details - The framework agreement standardizes legal and operational conditions for all European Megapack projects installed by SPIE, facilitating future opportunities in countries like Poland and Germany [3] - The agreement aims to support the growth of energy storage in Europe, which is essential for integrating renewable energy sources and ensuring grid stability [2] Group 2: Technical Services and Expertise - SPIE will utilize Tesla Megapack solutions to provide high value-added technical services, including engineering, Balance of Plant (BoP) work, and installation of auxiliary equipment [2] - The company has already participated in significant energy storage projects, positioning itself as a key player in the European energy storage sector [4] Group 3: Strategic Goals and Vision - By standardizing practices at the European level, SPIE aims to enhance its support for customers in decarbonizing infrastructure and developing a more flexible energy mix [5] - The collaboration reflects confidence in SPIE's technical skills and pan-European organization, emphasizing the importance of shared experiences among subsidiaries [5] Group 4: Company Overview - SPIE is an independent European leader in multi-technical services, with 55,000 employees dedicated to energy transition and digital transformation, achieving consolidated revenues of €9.9 billion and EBITA of €712 million in 2024 [6]

Core Points - SPIE has signed a three-year European framework agreement with Tesla for battery energy storage system (BESS) projects, enhancing collaboration based on previous projects in Belgium, the Netherlands, and France [1][2][3] - The agreement aims to standardize legal and operational conditions for all European Megapack projects, facilitating future opportunities in countries like Poland and Germany [3][4] - SPIE's involvement in significant energy storage projects positions it as a key player in the European energy storage sector, ensuring compliance with international standards [4][5] Company Overview - SPIE is an independent European leader in multi-technical services, focusing on energy and data transmission, with 55,000 employees dedicated to energy transition and digital transformation [6] - In 2024, SPIE reported consolidated revenues of €9.9 billion and EBITA of €712 million, reflecting its strong market position [6] Project Highlights - SPIE is engaged in several notable BESS projects, including a 50MW/200MWh system in Belgium, the largest BESS site in the Netherlands with 1.4 GWh capacity, and a 100 MW/200MWh unit in France scheduled for commissioning by the end of 2026 [8]

Core Insights - SPIE successfully executed its SHARE FOR YOU 2025 employee shareholding plan, reflecting strong employee engagement and commitment to the company [1][2]. Group Participation - Participation in the employee shareholding plan increased significantly, with nearly 25,000 employees from 17 countries subscribing, up from approximately 21,000 in 2024 [2]. - Over 6,000 employees participated for the first time, including individuals from recently acquired companies [2]. Financial Contributions - Employee contributions to the 2025 SHARE FOR YOU plan totaled €62 million [3]. - A total of 2,101,883 new shares were issued as part of this plan, which ran from September 25 to October 16, 2025 [3]. - Employees received a 20% discount on the subscription price, set at €38.55 [6]. Shareholding Impact - Post-plan, more than 50% of employees are now shareholders, with employee-held capital representing approximately 8% of the company [3]. Leadership Commentary - Gauthier Louette, Chairman and CEO, emphasized the importance of employee engagement in shaping the company's future and expressed gratitude for their commitment [4]. - The company plans to initiate a share buyback program in early 2026 to mitigate the dilutive effects of the employee shareholding program and long-term incentive plans [4]. Company Overview - SPIE is a leading independent European provider of multi-technical services in energy and communications, with 55,000 employees dedicated to decarbonization and energy transition [5]. - In 2024, SPIE reported consolidated revenues of €9.9 billion and consolidated EBITA of €712 million [5].

Core Insights - SPIE, a European leader in multi-technical services, has signed an agreement to acquire 93% of Artemys, a French expert in digital transformation [1][4] - Artemys, founded in 1989, generated approximately €82 million in revenue in 2024 and has a diversified client portfolio across various sectors [2][4] - The acquisition will enhance SPIE's capabilities in cloud, big data, and cybersecurity, particularly for large accounts and mid-sized companies in France [3][4] Company Overview - SPIE achieved consolidated revenues of €9.9 billion and consolidated EBITA of €712 million in 2024, with a workforce of 55,000 employees [5] - Artemys employs 420 people across 7 offices and specializes in the design, management, and transformation of information systems [2][4] Strategic Implications - The acquisition is expected to strengthen SPIE's expertise in digital transformation and improve service offerings in strategic areas such as cloud and cybersecurity [3][4] - The transaction is anticipated to be finalized by early 2026, pending approval from competition authorities [4]

Core Insights - SPIE has acquired Cyqueo, enhancing its cybersecurity capabilities and consulting services in complex IT infrastructures [1][2][4] Company Overview - SPIE is a European leader in multi-technical services, focusing on energy infrastructure and communications, with 55,000 employees [4][5] - Cyqueo, based in Munich, specializes in cybersecurity and has a strong network of partners and expertise in areas such as Zero Trust and cloud security [2][3] Financial Performance - Cyqueo generated revenues of approximately EUR 20 million in 2024 [3] - SPIE reported consolidated revenues of EUR 9.9 billion and EBITA of EUR 712 million in 2024 [5] Strategic Importance - The acquisition allows SPIE to expand its service offerings in a security-critical market, leveraging Cyqueo's extensive cloud-native expertise and certifications [2][4] - Cyqueo protects 1.6 million users and has an average of 16 relevant certifications per employee, positioning it as a highly qualified provider in the German market [2][3]

Core Points - SPIE announces a leadership change in Central Europe, appointing Lukasz Nowiński as the new Managing Director, succeeding Pawel Skowroński [1][2][3] - Dr. Pawel Skowroński will step down effective December 31, 2025, after successfully driving growth in Poland, Slovakia, Czech Republic, and Hungary since 2018 [2] - Lukasz Nowiński, currently leading SPIE's operations in Poland, will take over on January 1, 2026, bringing extensive experience from his previous roles, including CEO of Assa Abloy in Poland [3][4] Company Overview - SPIE is an independent European leader in multi-technical services focused on energy infrastructure and communications, employing 55,000 people [4] - The company achieved consolidated revenues of €9.9 billion and consolidated EBITA of €712 million in 2024 [5]

Core Points - SPIE has signed an agreement to acquire 89% of PIK AG, a company specializing in audiovisual systems integration and maintenance in Germany [1][3] - PIK generated approximately €42 million in revenue for the 2024 financial year and has shown steady organic growth [2] - The acquisition is expected to be finalized in December, pending antitrust authority approval [3] Company Overview - SPIE is a European leader in multi-technical services, focusing on energy infrastructure and communications, with consolidated revenues of €9.9 billion and EBITA of €712 million in 2024 [4] - PIK AG, headquartered in Berlin, employs around 170 people and operates mainly in northern and eastern Germany [1][2] Management Insights - Niklas Niehuus, the current leader of PIK, expressed confidence in SPIE as the right choice for PIK's future development [3] - The management team of PIK will continue to lead the company post-acquisition, aiming to expand their business and strengthen their market position [3] - SPIE's management highlighted the strategic importance of this acquisition in enhancing their expertise in audiovisual systems and related services [3]

Core Insights - SPIE delivered solid performance in the first nine months of 2025, confirming its 2025 outlook and demonstrating strong fundamentals supported by sustained market demand [3][5] Financial Performance - Revenue for the first nine months of 2025 reached €7,518.7 million, reflecting a year-on-year increase of 5.4%, with 3.6% growth from acquisitions and 2.2% organic growth [5] - Revenue growth was particularly strong in Germany (+5.0%) and North-Western Europe (+6.5%) [5] - Q3 2025 revenue increased by 4.7%, including 1.8% organic growth [5] Market Trends - The company benefits from two significant structural drivers: energy transition and digital transformation, which underpin sustained market demand [5] - High Voltage activities showed positive underlying trends, supported by strong order intake and backlog, with projects in Germany and the Netherlands progressing as planned [5] M&A Strategy - SPIE's bolt-on M&A strategy is sustained by successful integration and a robust pipeline, with five acquisitions signed in 2025 contributing €133 million in annual revenue [2][5] - The integration of 2024 acquisitions is progressing smoothly, contributing €255 million to revenue growth in the first nine months of 2025 [5] Future Outlook - The company is on track to exceed €10 billion in revenue, driven by continued organic growth and active M&A [5] - EBITA margin is expected to expand to at least 7.6% [5]