Azkoyen Group continues improving results in the first half and increases its stock market valuation

• Revenue reaches €102.53 million, a 2.1% increase compared to the same period of 2024
• EBITDA stands at €17.71 million, 5.4% higher than in the same period of 2024

July 23, 2025. Azkoyen Group, a multinational leader in the design, manufacturing, and marketing of technological solutions in the fields of coffee, payment systems, and security systems, has announced its results for the first six months of 2025, once again breaking records. The company reports consolidated revenue of €102.53 million, representing a 2.1% increase compared to 2024. Moreover, gross margin reached €48.33 million, 7.7% higher than in the same period of the previous year.

Likewise, EBITDA exceeded €17.71 million, up 5.4% from the same period last year, and consolidated net profit after taxes amounted to €9.18 million, reflecting a 7.5% increase compared to the same period in 2024.

This improvement in figures is mainly due to increased sales, higher gross margins, and changes in the business mix, all supported by the development of the strategic plan based on four pillars: continuous innovation, product and service diversification, internationalization, and sustainability. The international character of the company is reflected in the importance of the various markets in which it operates. In the first half of the year, 27.1% of revenue came from Germany; 20.1% from Spain; 9.5% from the United Kingdom; 8.2% from Italy; 6.3% from Belgium; 17.1% from the rest of the European Union, and 11.7% from other countries.

Additionally, in these first six months, the company maintained its dividend policy (having paid the ordinary dividend of €9.38 million on June 20, as approved by the General Shareholders’ Meeting) and continued reducing net financial debt, which now stands below 0.5 times the EBITDA of the past 12 months. All of this places Azkoyen Group in a very solid financial, economic, and liquidity position.

According to Juan José Suárez, Chairman of Azkoyen Group, these results are a tribute to all the people who work at the company and proof that the strategic plan is delivering the expected results, even in an uncertain economic context:
“Although the general economic climate is marked by some uncertainty, our strong positioning in different business areas and regions, along with our diversified client base, suggests that we are well prepared to face the upcoming challenges. In this context, we estimate that 2025 will be a year with revenue growth exceeding that recorded in 2024,” he stated.

2025, a very special year

After record results in 2023 and 2024, 2025 is proving to be very positive for the company. In addition to celebrating the 80th anniversary of its founding, in the first half of the year it was included in the Ibex Top Dividend, a stock index comprising the 25 IBEX-listed companies with the highest dividend yield. Furthermore, by June 30, the share price had appreciated by approximately 40%.

Azkoyen Group looks ahead to the second half of the year with confidence and the ambition of making 2025 one of the best years in its history. The company will focus on innovation and the development of sustainable technologies, products, and services; on increasing sales both in Europe and other continents; on diversification; on improving efficiency and internal management, and on teamwork to achieve collective goals.