Molins report Q2 financial results

Molins announce financial results for the first half of 2025. Molins has reached a net profit €95 million, which is equivalent to an earnings per share of 1.44 euros, 9% lower than the same period of the previous year. This decrease is mainly due to the unfavourable effect of the depreciation of the Mexican and Argentinian currencies, which has offset the improvement in operating results.

During the first half of the year, revenues achieved €659 million, 5% less than the first semester of previous year, also affected by the depreciation of the Mexican and Argentinean currencies. However, at constant currencies, sales have increased by 6% compared to the previous year, mainly driven by selling price increases in an environment of slowing markets and high global economic uncertainty due to tightening tariff policies.

EBITDA reached €175 million, 8% lower than the previous year. However, at constant currencies, EBITDA increased by 5% driven by operating efficiencies and the positive net effect of selling prices on costs, highlighting the good performance of the businesses in Europe and South America. The EBITDA margin stood at 26.5%, while the annualised margin remained at 26%.

The net financial debt continued to decline during the first semester, reaching a net cash balance €100 million. This financial strength enables future projects and fuels continued expansion with new growth opportunities and the investments foreseen in the Sustainability Roadmap 2030.

New boost of the precast solutions and urban landscape businesses

Molins announced in June an step forward in the expansion of two of its businesses, involving three initiatives with a combined investment of around 100 million euros. On the one hand, the bolt-on acquisition of the Portuguese company Concremat, the leader in concrete precast solutions in the country. In addition, the construction of a new plant in Spain for precast concrete solutions specialised in industrialised construction with state-of-the-art technology, and, finally, the construction of a concrete urban elements plant in the US under the Escofet brand to locally produce the most demanded lines, shortening delivery times and reducing the carbon footprint associated with transportation.

"The results for the first half of 2025 reflect the strength of our business model, capable of responding firmly in a complex global environment, which has continued to be marked by economic uncertainty and currency volatility” says Marcos Cela, CEO of Molins. "We have managed to continue growing and advancing in our strategic plan, completing key operations that reinforce our offer and service, and enable new development opportunities."

“The entry in the Portuguese market, the new investments in Spain and the United States and our operating performance demonstrate that we have an efficient, resilient operating base that is ready to face the challenges of the current environment. All of this has been possible thanks to the commitment and effort of the people at Molins, who are one of the company's great assets", concludes Cela.

Read the article online at: https://www.worldcement.com/europe-cis/31072025/molins-report-q2-financial-results/