France's Ekinops FY 2025 revenue falls on equipment sales decline

Ekinops SA

11/03/2026 19:28

Overview

France optical networking provider's FY 2025 revenue fell 11% yr/yr to 105 mln EUR

EBITDA margin dropped to 10.0% from 15.3% in prior year

Outlook

Ekinops targets single-digit revenue growth for FY 2026

Company expects lower EBITDA margin in 2026 due to major investments

Ekinops aims to return to double-digit growth over the longer term

Result Drivers

ACCESS EQUIPMENT SALES - Co said access equipment sales fell 15% in FY 2025 due to lower activity with its largest French customer

OPTICAL TRANSPORT - Co said optical transport revenue fell 12% compared to FY 2024, mainly due to reduced activity in North America as two major customers slowed investments after reorganizations

SOFTWARE & SERVICES GROWTH - Co said software & services revenue grew 27%, driven by expansion of service offerings and contribution from Olfeo acquisition

Company press release: ID:nPn4006zfa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Net Income
-EUR 7.2 mln
FY EBITDA
EUR 10.5 mln
FY Operating Expenses
EUR 60.2 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the communications & networking peer group is "buy"

Wall Street's median 12-month price target for Ekinops SA is €3.00, about 43.9% above its March 11 closing price of €2.09

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 7 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)