Compagnie de l'Odet : Financial information for Q3 2025 - NetDania News

  • Compagnie de l'Odet : Financial information for Q3 2025

    来源: Nasdaq GlobeNewswire / 23 Oct 2025 11:45:00   America/New_York

              COMPANGNIE DE L'ODET      

    Financial information for Q3 202523 October 2025 

    Revenue (at constant scope and exchange rates):

    -24% in third-quarter 2025

    -10% in the first nine months of 2025

    Revenue for Q3 2025 

    At constant scope and exchange rates, Group revenue for third-quarter 2025 totaled 630 million euros, down 24%:

    • Bolloré Energy: 530 million euros, -25%, impacted by the general fall in petroleum product prices, as well as a decrease in volumes sold over the quarter;
    • Industry: 73 million euros, -21%, mainly due to the decline in BlueBus business activity, which in 2024 benefited from the upturn in sales of 12-meter buses, and despite growth in the Films business.

    On a reported basis, revenue was down 22% compared with third-quarter 2024, taking into account +26 million euros in changes in scope, linked primarily to the acquisition of Chantelat by Bolloré Energy, and slightly negative currency effects.

    Revenue for the first nine months of 2025

    At constant scope and exchange rates, revenue at end-September 2025 was down 10%, at 2,177 million euros.

    At constant scope and exchange rates, compared with the first nine months of 2024, the main sectors trended as follows:

    • Bolloré Energy: 1,867 million euros, -10%, against a backdrop of falling prices, despite an overall increase in volumes sold, bolstered by the trading activity;
    • Industry: 229 million euros, -17%, owing to the decline in BlueBus business activity compared with the first nine months of 2024, a period that benefited from the recovery in sales of 12-meter buses to the RATP, and to the downturn in Specialized Terminals in Systems, despite growth in the Films business.

    On a reported basis, revenue for the first nine months of 2025 was down 7%, taking into account +79 million euros in changes in scope (mainly corresponding to Bolloré Energy’s acquisition of Chantelat) and +1 million euros in currency effects.



    Change in revenue by activity


    (in millions of euros)                     Q3                  9 months 
     20252024*GrowthOrganic20252024*GrowthOrganic
       as reportedgrowth  as reportedgrowth
             
    Bolloré Energy530688-23%-25%1,8672,004-7%-10%
    Industry7392-20%-21%229270-15%-17%
    Other (Agricultural Assets, Holdings and others)2729-8%-13%8174+9%-5%
    Total 630809-22%-24%2,1772,348-7%-10%

    (*) Restated: in accordance with IFRS 5 and to ensure comparability, Vivendi’s contribution for 2024 has been reclassified in discontinued operations and assets held for sale (the Group lost control of Vivendi within the meaning of IFRS 10 following the spin-off/distribution operations carried out by the Vivendi group on December 13, 2024).

    Recent events and highlights

    Compagnie de l'Odet continued to acquire its shares under its share repurchase program for a total of 22 million euros, representing 0.23% of the share capital.



    Change in revenue by quarter


    (in millions of euros)Q1Q2Q3
     20252024* organic2024*20252024* organic2024*20252024* organic2024*
    Bolloré Energy675677655661682661530711688
    Industry78777578105104739392
    Other (Agricultural Assets, Holdings and others)282620262825273129
    Total 782780750765815790630834809

    All amounts are expressed in millions of euros and rounded to the nearest decimal.
    As a result, the rounded amounts may differ slightly from the reported total.

    (*) Restated: in accordance with IFRS 5 and to ensure comparability, Vivendi’s contribution for 2024 has been reclassified in discontinued operations and assets held for sale (the Group lost control of Vivendi within the meaning of IFRS 10 following the spin-off/distribution operations carried out by the Vivendi group on December 13, 2024).

    Attachment


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