JOST Werke SE

Latest Results (09.11.2025):

In Q2 2025, JOST Werke SE delivered a solid performance, driven by the successful integration of the new Hydraulics business from the Hyva acquisition. The company reported consolidated revenue rising approximately 44% year-over-year to about EUR 429 million, with adjusted EBIT growing by around 10% to EUR 37 million. Adjusted earnings per share increased by 3% to EUR 1.41, even as JOST moves forward with its strategy by divesting the non-core Cranes business. Despite facing regional and currency challenges, the results underline the Group’s resilient business model and its focus on profitable, organic and acquisition-driven growth.

Revenue Growth

Consolidated revenue, including the effects of the Hyva acquisition, increased by nearly 44% to EUR 429 million in Q2 2025. Sales from continuing operations rose by 31% to approximately EUR 391 million, highlighting the positive impact of strategic M&A activities and selective organic growth in key markets.

Profitability and Earnings

Adjusted EBIT improved by 10% to around EUR 37 million, with margins being influenced by the integration process. Adjusted earnings per share rose modestly by 3% to EUR 1.41, reflecting stable underlying performance despite a challenging market environment and some exceptionals impacting reported earnings.

Divestment of Non-Core Assets

JOST Werke SE is set to divest its Cranes business, which was acquired as part of the Hyva Group integration and now regarded as non-core. This strategic move is intended to sharpen the Group’s focus on its core product portfolio and enhance overall profitability.

Regional Performance

The Q2 2025 results reflect varied regional dynamics. EMEA experienced a robust 20.9% increase in sales from continuing operations, and APAC more than doubled its revenue due to strong contributions from Hyva. In contrast, the AMERICAS region faced challenges from negative currency effects and subdued demand, impacting both sales and adjusted EBIT.

Cash Flow and Leverage

Free cash flow declined to EUR +5.1 million, and net debt increased significantly due to financing the Hyva acquisition and dividend payouts. Despite the temporary leverage rise, JOST expects to reduce the leverage ratio below 2.5x by year-end, reaffirming its commitment to deleveraging and long-term financial stability.