Brussels – September 1, 2025 – Aliaxis, a global leader in fluid and energy management systems, announce their financial results for the six-month period ending June 30, 2025.

Highlights versus H1, 2024

  • Revenue of €1,839.6 million, a like-for-like 1 decrease of 8.9%
  • Recurring EBITDA 2 (REBITDA) of €216.8 million, a 27.6% decrease on a like-for-like1 basis. REBITDA was negatively impacted by one-off and temporary
    business-related events (~€33 million)
  • REBITDA margin of 11.8%, down 3.3 p.p.
  • Recurring net profit 3 of €54.4 million, down 61.2%, excluding €41.1 million of exceptional items. Recurring net profit was also negatively impacted by the
    above one-off and temporary business-related events (€24.2 million after tax).
  • Net financial debt 4 of €1,029.2 million, an increase of €60.5 million versus December 2024. Leverage of 2.2x last-twelve-months REBITDA

Managing Director, Thierry Vanlancker, comments on the first-half results:

These first-half 2025 results reflect the broader market slowdown in key geographies. Aliaxis is maintaining market share despite this macro-economic environment. We are taking decisive action by refocusing on core business and refining our portfolio to protect our balance sheet. We are also very encouraged by the progress on resetting our fixed cost structure in view of these external realities, while upgrading our organisational capabilities for the future.

Notes

[1] H1 2024 adjusted on a pro-forma basis to reflect the impact of the acquisition of Johnson Control in August 2024. Divestment excluded in all periods, predominantly Wefatherm. Impact of FX excluded to reflect underlying performance at constant exchange rate

[2] REBITDA adjusted for these one-off and temporary business-related events amounts to €250.1 million

[3] Recurring net profit adjusted for these one-off and temporary business related events amounts to €78.6 million

[4] Includes IFRS 16 leases

Media contact

Emma-Kate Dowdell
Group Corporate Communications

+32 (0)476 26 15 85

Email Emma-Kate

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Aliaxis publishes H1 2025 results

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