Spie hits record high after solid results, strong outlook

Spie SA

06/03/2025 09:02

** Shares in Spie SPIE.PA rise 5.3% to their highest price ever, as French multi-technical services provider delivers strong beat and ambitious FY outlook

** J.P.Morgan says that "solid" beat in the quarter should be taken well, as results came in above expectations

** Spie reports Q4 revenue of 2.77 billion euros ($2.99 billion), and FY EBITDA of 712.1 million euros

** It also guides for strong total growth pushing 2025 revenue well above the 10 billion-euro mark, driven by further organic growth and active bolt-on M&A

** "Overall, we see this as a set of reassuring results", JPM says

** Up to the previous session's close, shares were up 25.3%​ YTD

($1 = 0.9266 euros)

 (Reporting by Mateusz Rabiega)

 ((Mateusz.rabiega@thomsonreuters.com))