Fagron NV (ARSUF) Q4 2025 Earnings Call Transcript

SA Transcripts158.42K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Fagron NV (ARSUF) Q4 2025 Earnings Call February 12, 2026 3:30 AM EST Company Participants Ignacio Artola - Global Investor Relations LeaderRafael Padilla - CEO & Executive DirectorKarin de Jong - CFO & Executive Director Conference Call Participants Michael Heider - Joh. Berenberg, Gossler & Co. KG, Research DivisionStijn Demeester - ING Groep N.V., Research DivisionThibault Leneeuw - KBC Securities NV, Research DivisionUsama Tariq - ODDO BHF Corporate & Markets, Research DivisionEric Wilmer - Kempen & Co. N.V., Research Division Presentation Ignacio ArtolaGlobal Investor Relations Leader Hello, and good morning, everyone. Welcome to Fagron's Full Year 2025 Results Webcast. I'm joined today by our CEO, Rafael Padilla; and our CFO, Karin de Jong. We will open the floor for questions at the end of the session. And with that, I will hand over to Rafael. Rafael PadillaCEO & Executive Director Thanks, Ignacio, and good morning all. We are very pleased to report another outstanding set of results with full year revenues reaching EUR 952 million. This translates into a 9.1% organic revenue growth at constant exchange rates, driven by all regions and segments. Profitability increased 10.9% to EUR 193 million, which represents a margin of 20.3%, 30 basis points higher than in 2024. Main contributors were our operational excellence initiatives and a positive sales mix. As you already know, during the year, we also accelerated our M&A efforts and announced 12 transactions across our regions and segments, always maintaining a disciplined approach. Additionally, we have proposed a dividend of EUR 0.40 per share, reflecting a 14.3% increase compared to last year. Looking ahead, in 2026, assuming no major changes in current market conditions, we expect mid- to high single-digit organic sales growth at CER and a slight improvement in profitability year-on-year. Going on to the regions. In