EBITDA Margin Improvement
Q3 EBITDA margin reached 8%, up from 4.3% in the same period last year, driven by stronger execution and ongoing improvements in service margins.
Free Cash Flow Generation
Solid free cash flow generation in Q3, bringing the year-to-date total to EUR 298 million, with expectations of continued positive free cash flow in Q4.
Upgraded EBITDA Margin Guidance
Raised full-year 2025 EBITDA margin guidance to a range of 7.5% to 8.5%, reflecting strong service EBIT margins and solid project execution.
Service Segment Recovery
The service segment continued its recovery faster than anticipated, contributing positively to overall margins.