Balance Sheet StrengthStrong cash generation and very low leverage improved financial flexibility, enabling the company to fund growth initiatives and absorb operational shocks.
Industrial Sales MomentumIndustrial division's strong acceleration across EMEA, APAC and LATAM lifted group sales and diversified revenue sources, reducing reliance on seasonal agriculture demand.
Margin ResilienceEBITDA margin remained robust, indicating the company's ability to protect profitability through cyclical market pressures and sustain earnings quality.