Spie shares fall on 'weak' growth in Q3

Spie SA

31/10/2025 08:37

** Shares in Spie SPIE.PA fall 5% after the French engineering company posted Q3 sales below analysts' estimates

** "Q3 organic growth of +1.8% looks weak, below consensus expected (+3.0%)," analysts at Jefferies say in a note

** The broker adds that Spie's activity in Germany remained weak while North-West Europe and Energy Services also missed expectations

** It notes that Central Europe was the only beat

** The company, which reported revenue of 2,539.9 million euros in the third quarter, reiterated its full-year guidance for 2025

** The stock is at its lowest since May

 (Reporting by Hugo Lhomedet)

 ((Hugo.Lhomedet@thomsonreuters.com;))