Guidance RevisionManagement lowered FY25 guidance by 4% and 26% on revenue and EBITA midpoints, respectively.
ProfitabilityProfitability looks even worse than in 1Q25, with EBITA down 81% year-over-year, reaching a margin of merely 0.6%.
Revenue DeclineH1 revenues declined by 4% year-over-year to €803.8m, while EBITDA dropped by 34% year-over-year to €36.7m.