France's Quadient FY 2025 revenue misses analyst estimates

Quadient

25/03/2026 16:59

Overview

France automation platform's FY 2025 revenue declined 3.2% organically, missing analyst expectations

Net attributable loss for FY 2025 driven by €124 mln Mail goodwill impairment

Company proposed dividend of €0.75 per share, up 7% yr/yr

Outlook

Quadient expects FY 2026 organic revenue change between -2% and +2%

Company confirms FY 2026 EBITDA margin targets: above 20% in Digital, above 25% in Mail, above 10% in Lockers

Quadient raises 2030 revenue ambition for Digital to c.€550 mln, revises Mail to c.€500 mln, Lockers above €200 mln

Result Drivers

DIGITAL GROWTH - Double-digit organic growth in Digital subscription-related revenue and strong cross-selling to Mail customers drove Digital revenue higher

MAIL DECLINE - Mail revenue fell due to a low point in the US equipment renewal cycle and ongoing structural decline in mail volumes

LOCKERS GROWTH - Lockers revenue grew 11.4% organically, with improved profitability from recurring revenue, increased usage, and the Package Concierge acquisition

Company press release: ID:nGNE2Fz7kS

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Sales
Miss
EUR 1.04 bln
EUR 1.10 bln (6 Analysts)
FY Gross Profit
EUR 771 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

Wall Street's median 12-month price target for Quadient SA is €21.05, about 67.9% above its March 24 closing price of €12.54

The stock recently traded at 6 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.)