Airwell Group: 2025 Annual Results and 2026 Outlook

Airwell Group has published its 2025 results, reporting revenue of €42.9 million, down 15.3% compared to 2024. Adjusted EBITDA was €(3.9) million, a decline compared to the previous year. Operating expenses decreased by 7.3%, reflecting cost optimization. Shareholders' equity stood at €3.5 million, compared to €8.9 million a year earlier.

For 2026, the group anticipates gradual improvement thanks to a strengthened order book, particularly in France. Recent government support for heat pumps and an innovative project, STERENN IA, confirm their strategy. Airwell is focusing on energy efficiency, reinforcing its market position. The company will continue its efforts to secure financing and rebuild its inventory levels.