Aurea's Revenue Declines by 9% in 2025 to EUR 222.7 Million
Aurea, a European waste regeneration specialist, reported its 2025 revenue on Friday. The group recorded a 9% decline over the fiscal year, reflecting persistent market tensions in the metals sector and the impact of U.S. tariffs.
Financial Performance Details
Aurea posted a revenue of EUR 222.7 million in 2025, down 9% compared to 2024. On a like-for-like basis, excluding divestments of M Lego, RULO, and TDA Valorisation, the decline was 4%. The fourth quarter of 2025 was particularly challenging, with revenue of EUR 49.4 million, marking a year-on-year contraction of 15%. This decrease was partly due to the divestments, with the quarter remaining almost stable on a like-for-like basis. Nevertheless, the group faced a period of instability marked by the imposition of U.S. tariffs and raw material shortages in Europe. In response to these challenges, Aurea demonstrated adaptability by relying on its operational flexibility and disciplined management of expenses and investments.
Sector-specific Developments
The Metals and Alloys division temporarily reduced production volumes and refocused its activities on service provisions. The group developed innovative solutions for processing more degraded aluminum waste, notably by establishing a subsidiary dedicated to cans. The copper powder activities showed good resilience. The Petroleum-derived Products division recorded a slight decline, with Eco Oil experiencing a drop due to lower oil prices in the second half of the year, despite an annual collection higher than in 2024. EPR continued its growth momentum by expanding activities in the treatment of oil waste and polluted waters. The Rubber and Developments division saw slight growth at Roll Gom, the main contributor, despite a four-day closure in early December due to equipment failure. Meta Generation continued its rollout after installing a new furnace at the end of July, doubling its production capacity.
Regulatory Challenges and Outlook
The group faced significant regulatory challenges with its subsidiary Flaurea Chemicals. The labor inspectorate prohibited the activity on December 23, 2025, under a precautionary clause concerning cadmium contamination standards applicable from July 2027. Aurea filed for bankruptcy for this subsidiary on February 10, 2026, with a limited expected impact on real estate assets. For 2026, the group is adopting a cautious approach in a context marked by strong political and geopolitical uncertainties. Aurea benefits from a solid cash position and controlled net financial debt as of December 31, 2025, supported by improvements in working capital needs and the divestment of M Lego. The 2025 fiscal year results will be presented on April 28, 2026, after the market closes.
