The Wacker Neuson Group has published its yearly figures for the fiscal year 2025 and confirmed the preliminary figures published on February 10, 2026. Following a slow start to the year due to market conditions the Group made operational progress throughout 2025. The firm said that revenue and profitability became increasingly positive. Despite a challenging environment, which was, among other things, shaped by the US tariffs, the Group achieved strategic milestones as well as operational progress in the past fiscal year. Especially the start of production of the first excavator models for the OEM cooperation with John Deere strengthens the presence in the North American market in the long term.
The net working capital as of December 31, 2025 amounted to €647 million (December 31, 2024: €709.3 million); the net working capital ratio based on the last 12 months (net working capital in percent of revenue) was at 29.2 percent (December 31, 2024: 31.7%) and under the target maximum ratio of 30%. The free cash flow developed positively and amounted to €201.6 million compared to €184.6 million for 2024.
“The fiscal year 2025 was characterised by a challenging economic environment especially in the first quarter. Nevertheless, we managed to increase our profitability in the course of the year and to consistently improve our operational performance. We took early and targeted steps to adapt to the external factors such as US tariffs. Despite ongoing geopolitical uncertainties, we expect a slight upturn in the market and expect a moderate increase in revenue with a higher EBIT margin compared to 2025. Furthermore, our focus in 2026 is on our growth levers and refinement as well as implementation of our Strategy 2030”, said Dr Karl Tragl, Chairman of the Executive Board of the Wacker Neuson Group.
