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Brunel Q3 2025 results: Driving operational efficiency
Globenewswireยท 2025-11-07 06:30
Core Insights - Brunel International N.V. reported its third quarter and first nine months results, highlighting resilience in a challenging market environment [1][4] Q3 2025 Key Points - Revenue for Q3 2025 was EUR 304.0 million, a decrease of 10% (7% decrease organically) [8] - Gross profit for Q3 2025 was EUR 56.5 million, down 16% (14% decrease organically) [8] - Underlying EBIT for Q3 2025 was EUR 11.9 million, down 31% (29% decrease organically) [8] - Cost reduction programs resulted in EUR 5.1 million lower costs, bringing total operating costs to EUR 44.6 million (8% decrease organically) [8] - The company is making significant progress in deploying advanced IT platforms, including AI capabilities to enhance performance and speed in placements [8] 9M 2025 Key Points - Revenue for the first nine months of 2025 was EUR 917.3 million, down 11% (8% decrease organically) [8] - Gross profit for the first nine months was EUR 165.3 million, down 18% (15% decrease organically) [8] - Underlying EBIT for the first nine months was EUR 26.6 million, down 40% (29% decrease organically) [8] - Free cash flow was negative EUR 13.7 million, compared to positive EUR 36.1 million in the previous year [8] - The company successfully implemented a EUR 20 million cost reduction plan announced in Q2 2024 and an additional EUR 10 million cost reduction plan announced in Q2 2025 [8]