Azkoyen Group achieves the highest revenue in its more than 80-year history 

• Revenue (€211+ million) and EBITDA (€37.7 million) reach the highest levels in its history
• The General Shareholders’ Meeting has approved an ordinary and an extraordinary dividend totaling up to €24,5 million
• The Meeting approved the annual accounts, the non-financial information statement, and the management of the Board of Directors for 2025
• The appointment of Ana López de Mendoza as independent director was also approved, along with the reappointment of directors Mr. Pablo Cervera and Mr. Eduardo Unzu for a statutory term of three years
• Finally, the Meeting approved the amendment of the corporate purpose of Azkoyen, S.A., so that the company will exclusively operate as a holding company

The General Shareholders’ Meeting of Azkoyen Group, a multinational benchmark in the design, manufacture, and commercialization of technological solutions in coffee, vending, payment technologies, IoT, and security systems, approved this afternoon the distribution of dividends totaling up to €24,5 million. This dividend will be paid on July 24.

Juan José Suárez, Chairman of the Group, presented the most relevant milestones for Azkoyen Group in a record-breaking year, during which the company achieved a historic gross margin of €98.4 million (+10.2%), an EBITDA of €37.7 million, and net revenue exceeding €211 million—figures never previously reached by the Group. In addition, in 2025 the company closed the year debt-free. These strong results are driven by new commercial agreements and the growth of several strategic accounts.

Amendment of the corporate purpose to address the future

The Meeting approved the amendment of the corporate purpose to adapt to the company’s corporate reorganization, under which Azkoyen, S.A. spun off the industrial and commercial activities of the Coffee & Vending and Payment Technologies businesses, transferring them to a newly created company, Azkoyen Vending & Payment Solutions, S.L., wholly owned by Azkoyen, S.A.

Juan José Suárez, Executive Chairman of the company, positively assessed the shareholders’ support:

“The approval of this project by the Meeting allows us to move towards a more organized and efficient structure, creating better conditions for growth and value generation for all our stakeholders across the two divisions.”

Additionally, the Meeting approved the annual accounts, the management report, the non-financial information statement, the management of the Board of Directors, and the annual report on directors’ remuneration for the 2025 financial year.

The Meeting also approved strengthening the number of independent directors on the Board with the appointment of Ana López de Mendoza. As a result, the Board now consists of 10 directors, 3 of whom are independent and 4 of whom are women. Female representation thus accounts for 40% of the Board, meaning that Grupo Azkoyen already meets the percentage established by Organic Law 2/2024, which will come into force in June 2027.

Growth built on four pillars

In his speech, the Chairman highlighted the key pillars underpinning the company’s strategy: continuous innovation, diversification, internationalization, and sustainability:

“The Group’s commitment to sustainability is undeniable. Since 2022, Grupo Azkoyen has been working to strategically integrate sustainability with a single purpose: to develop technology for a sustainable future. Thanks to our progress in environmental, social, and governance commitments, in 2025 we obtained an ESG rating of AA from the Spanish Institute of Financial Analysts and improved our sustainability assessment by EcoVadis, consolidating our Silver Medal.”

Record years and a positive outlook

In his address, the Chairman commented on some of the key milestones achieved in 2025, a year in which the company celebrated its 80th anniversary. These include the expansion of Cashlogy solutions, the increase in connected devices, the integration of payment solutions, connectivity, and smart cash management, as well as the growth of converged security projects—combining physical security, corporate data protection, and confidentiality—along with workforce operational management solutions.

Juan José Suárez expressed optimism about the company’s future outlook:

“The next step following the aforementioned corporate reorganization will be to undertake a strategic review of our business portfolio with the aim of maximizing value creation for shareholders, focusing financial and human resources on those businesses with the greatest potential to contribute to this objective.”