SPIE SA
SPIE
ISIN FR0012757854 / Valor 28425996
SPIE SA
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About company
SPIE SA is a prominent independent European entity specializing in multi-technical services within the energy and communications sectors. The company is strategically positioned in four key markets, focusing on assisting its clientele with the energy transition and the adoption of sustainable digital technologies. With a workforce of 50,000, SPIE is dedicated to facilitating the sustainable transformation of urban and regional infrastructures, contributing to the mitigation of global warming, advancing the digitization of services, and supporting the shift towards Industry 4.0. The firm's expertise encompasses the design, installation, and maintenance of energy-efficient and environmentally friendly facilities, underscoring its commitment to aiding customers in navigating the complexities of modern energy and digital landscapes. Through its comprehensive service offerings, SPIE plays a vital role in driving forward the energy transition and digital transformation agendas, aligning with broader global efforts to achieve a more sustainable and technologically advanced future.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (30.09.2025):
SPIE SA has announced its strong financial performance for the first half of 2025, demonstrating robust revenue growth and significant improvements in profitability. The company continues to execute its growth strategy effectively, supported by strategic acquisitions and a solid financial foundation.
Revenue Growth
In H1 2025, SPIE SA achieved a revenue of €4,978.8 million, marking a 5.8% increase compared to H1 2024. This growth includes a 3.8% contribution from acquisitions and a 2.4% rise in organic growth, with sequential organic growth improving to 2.6% in Q2 from 2.1% in Q1.
EBITA and Margin Expansion
The company's EBITA surged by 13.2% to €300.6 million, with the EBITA margin expanding by 40 basis points to 6.0% in H1 2025. This margin improvement underscores SPIE SA's focus on contract selectivity and pricing discipline, particularly benefiting the Transmission & Distribution and Distribution Services segments.
Adjusted Net Income
Adjusted net income attributable to the group reached €166.6 million, reflecting a 5.7% increase compared to the same period last year. Despite a one-off non-cash impact from the ORNANE convertible bond, the underlying performance remains strong.
Strategic M&A Activity
SPIE SA continued its strategic expansion with three bolt-on acquisitions in 2025, adding €96 million in annual revenue. These acquisitions enhance the company's leadership in the Polish Building Solutions market and the high-growth fiber optic services sector in Switzerland.
Financial Strength and Cash Generation
The company has significantly reduced its leverage ratio to 1.9x by the end of June 2025, down from 2.4x in the previous year, supported by strong working capital performance. Additionally, SPIE SA successfully issued a €600 million sustainability-linked bond, highlighting its robust credit quality.
Dividend and Shareholder Returns
SPIE SA implemented an anti-dilutive share buy-back of €39 million in Q1 and declared an interim cash dividend of €0.30 per share, representing 30% of the approved 2024 dividend, to be paid on September 18th, 2025.
2025 Margin Outlook
The company has firmed up its 2025 outlook, expecting total revenue to surpass the €10 billion mark through continued organic growth and active M&A. SPIE SA also aims to further expand its EBITA margin to at least 7.6%, reinforcing its commitment to profitability and long-term value creation.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
9017 M
Market cap (USD)
227,309
Daily traded volume (Shares)
29.72 / 29.38
1 day high/low (USD)
52 weeks high/low (USD)
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Ratings & reviews
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