The Wacker Neuson Group says that following a challenging year in 2024, it has achieved an operational recovery in the first half of 2025. Despite the challenging macroeconomic environment, which had continued to weigh on performance, particularly in the first quarter of 2025, earnings before interest and taxes (EBIT) margin and revenue improved in the second quarter of 2025 compared with the prior quarter.
In the first half of 2025 revenue reached €1.075 billion, corresponding to a decrease of 10.8% compared with €1.205 billion for the same period in 2024. The EBIT margin in the first half of 2025 was at 5.2%, driven mainly by negative volume effects and was down year-over-year from the 7% in 2024. The increase in free cash flow was positive, driven by a higher cash flow from operating activities.
“Despite the continued volatile environment globally and only slow recovery in some markets we hold on tight onto our targets for the year. Especially in the current situation we benefit from our disciplined approach to cost management. At the same time we profit in the short- and mid-term from such economic stimuli as the German Special Fund for infrastructure,” explained Dr Karl Tragl, CEO of the Wacker Neuson Group.
Revenue in the Europe region (EMEA) fell by 9.8% and amounted to €835.2 million, compared with €925.6 million for 2024. Revenue in Germany, France, and the United Kingdom decreased year-over-year. A few markets in Southern, Northern and Eastern Europe showed positive development, which, was insufficient to compensate for the adverse trend. Revenue in the Americas region decreased by 13.1% to €217.8 million, compared with €250.6 million in 2024. In the Americas region, demand in the first half of 2025 in comparison to the Europe region was characterised by more cautious ordering behaviour due to continued macroeconomic and geopolitical uncertainty. In the Asia-Pacific region, revenue in the first half of 2025 declined as well, by 23.4% to €21.9 million, compared with €28.6 million in 2024. The development in the Asia-Pacific region in the first half of 2025 was comparable to the rest of the world. The region was shaped by a decline in demand in Australia.
