Catering International: Net Income Up 86%, Dividend Increased by 71%
CIS concludes the 2025 fiscal year with a 15.7% increase in revenue to €489.2 million and displays a spectacular improvement in profitability, with the group's net income soaring by 86.4%. Despite this positive momentum, the group faces significant geographical disparities.
Revenue and Operational Profitability Growth
The integrated catering and services group recorded a revenue of €489.2 million in 2025, up 15.7% compared to €422.8 million in 2024. At constant exchange rates, the growth was 15.5%, continuing the positive trend started in 2024. This growth was primarily driven by the scaling up of several contracts in Africa and Eurasia, while exchange rate effects generated a positive impact of €0.9 million (compared to a loss of €20.7 million in 2024). On the operational profitability front, EBITDA increased by 39.7% to €42.7 million (compared to €30.6 million in 2024), reflecting an improved margin of 8.7% of revenue, up from 7.2% in 2024. These profitability gains reflect the scaling up of major contracts and the implementation of targeted performance plans.
Net Income and Financial Health
The consolidated net income reached €10.2 million in 2025, up by 51.9%, while the group's share of net income was €9.1 million, increasing by 86.4%. This spectacular improvement in the bottom line consolidates the financial revitalization of the group. In terms of the balance sheet, equity now represents 28% of the consolidated balance sheet for a total of €73.1 million. Available cash improved to €68.5 million (compared to €56.0 million in 2024), thanks to cash flows generated by operations, allowing the group to reduce its bank debt by 40% to €18.3 million as of December 31, 2025 (compared to €30.6 million a year earlier). The Board of Directors will propose to the General Meeting on June 16, 2026, the payment of a dividend of €0.30 per share, an increase of 71.4%.
Q1 2026 Performance and Outlook
The group recorded a revenue of €132.2 million in the first quarter of 2026, up by 11.5% (or 15.5% at constant exchange rates) compared to €118.5 million in Q1 2025. This growth is driven by solid performances in Africa (+22% at constant exchange rates) and Eurasia (+12% at constant exchange rates), which accounted for 29.0% and 42.3% of the quarter's revenue, respectively. Conversely, America showed a decline of 44%, affected by changes in the public sector in Brazil, and accounted for only 1.7% of the revenue. For 2026, in a geopolitical context that reinforces the need for energy sovereignty, CIS anticipates continued growth in its activity. The group will continue to enrich its Facility Management offerings and confirm its intention to seize any opportunity for external growth, in line with its strategy to diversify geographical locations and the range of services.
