ACTIA Group: Aerospace and Energy Surge, Automotive Falls by 4.7%
In 2025, ACTIA Group stabilized its revenue at 535.4 million euros despite a deteriorating automotive environment. However, this apparent serenity hides a more contrasting reality: the Mobility division, the historic pillar of the group representing 71.4% of revenues, recorded a decline of 4.7%, while aerospace and energy are becoming major growth drivers. For investors, the central question is whether the group can truly reinvent itself before the automotive sector regains its strength.
Stable Results Amidst Automotive Challenges
In an automotive market where large volumes have not yet resumed, ACTIA Group managed to present stable results: a revenue of 535.4 million euros in 2025, up by 0.1% compared to 2024. This status quo, announced as in line with the group's goals, already constitutes a form of victory in a context where automotive markets remain degraded. However, a divisional analysis reveals a much more complex dynamic. The Mobility division, accounting for 71.4% of total revenue, fell by 4.7%. This decline was compensated, even overcompensated, by performances elsewhere: Aerospace grew by 13.5% and Energy soared with an impressive +31.2%. These double-digit growths preserve the overall balance but signal an ongoing structural transformation within the group.
Profitability Indicators Begin to Shift
Beyond revenue, profitability indicators are starting to shift. Gross EBITDA amounted to 38.2 million euros, representing 7.1% of revenue. This decrease from the 61.7 million recorded in 2024 is explained by the presence last year of 40.0 million euros in non-recurring items. Adjusted for these exceptional elements, adjusted EBITDA shows a clear acceleration, increasing by 76.0%. This leap reflects the impact of the rationalization measures undertaken by the group: consumed purchases decreased by 4.8%, external expenses by 6.6%, and the group reduced its inventory by 25.2 million euros in one year (from 186.4 to 161.2 million). The current operating result shows a significant improvement, moving from -4.1 million in 2024 to 6.4 million in 2025. Concurrently, Free Cash Flow slightly increased, reaching 53.4 million euros compared to 51.4 million the previous year, driven by an improvement in working capital requirements. This solid cash generation consolidates the financial structure: net debt decreased by 22.7 million euros to 127.4 million, and the gearing ratio improved to 90.8% from 98.2% a year earlier.
Cautious Outlook for 2026
ACTIA is approaching 2026 with displayed caution. The group anticipates a slight revenue growth of around 3%, supported by the continued momentum in Aerospace and Energy, while Mobility is expected to remain under pressure due to the lack of recovery in volumes from major automotive equipment manufacturers. This trajectory is part of a longer-term plan: ACTIA aims for a revenue of 700 million euros by 2028, a goal that assumes a significant acceleration. The exceptional restructuring costs incurred in 2025 (social charges ~4.6 million) are presented as future investments. The group reduced its workforce by 176 employees in 2025 (from 3,994 to 3,818) and continues to maintain a significant R&D effort of 88.5 million euros. A gross dividend of 0.12 euro per share will be proposed at the general meeting in May 2026, a sign that the group is regaining confidence. The real question for investors remains, however: will the new Aerospace and Energy drivers generate enough growth to sustainably compensate for the persistent weakness in the automotive sector, or will they merely serve as temporary cushions waiting for a recovery in the group's historic sector?
