adesso SE (ADSGF) Q4 2025 Earnings Call Transcript

SA Transcripts159.23K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call adesso SE (ADSGF) Q4 2025 Earnings Call March 30, 2026 8:00 PM EDT Company Participants Martin Mollmann - Head of Investor RelationsMichael Knopp - Member of Executive Board Conference Call Participants Wolfgang Specht - Joh. Berenberg, Gossler & Co. KG, Research Division Presentation Martin MollmannHead of Investor Relations First of all, I'd like to thank you for joining our Q4 and Full Year Earnings Call regarding our Annual Report we have published today. Within our release this morning, you found adesso confirming the preliminary full year 2025 figures published in February. Adesso showed another year of extraordinary growth. Sales reached EUR 1.47 billion and was up by 14% purely organic. EBITDA of EUR 123.6 million rose by 30% and reached the upper end of the guided range. So targets were fully met. Outlook for 2026 sees further growth in sales and earnings for the company, although macroeconomic situation remains challenging. I'd now like to welcome as well our CFO, Michael Knopp, who will give us a deeper insight into the last year's figures, the dividend proposal and the guidance for the current year. [Operator Instructions]. Thank you so far. And Michael, please go ahead. Michael KnoppMember of Executive Board Thank you, Martin. Good morning, everybody. I will guide you now through our annual financials for 2025. And before I start, I need to highlight that we have restated our figures for 2024. I will explain this later to you. As always, we start with our sales. Sales last year came in with EUR 1.466 billion. That's an increase of [ 40% ] compared with our previous year, EUR 1.286 billion. We are very, very satisfied with these figures. I mean this is a very strong growth, purely organic within a tough market environment. And if we a little bit look back