on EXEL INDUSTRIES (EPA:EXE)
EXEL Industries: Decline in annual revenue 2025-2026
EXEL Industries announces a 13.0% decrease in revenue for fiscal year 2025-2026, totaling €855.7 million. The industrial sector was particularly hard hit, with a 14.4% decline in the fourth quarter. Agricultural spraying fell by 13.8% year-on-year, hampered by challenging market conditions in Europe. Sugar beet harvesting saw a decrease of 14.6%, while leisure activities declined by 7.4%. Adverse weather conditions and a slowdown in investment in several regions contributed to these mixed results.
Geographically, Europe saw a sharp decline in sales, while the Americas, particularly North America, showed relative stability. Daniel Tragus, CEO, emphasized the need for cost-cutting measures to adapt the structure to current market challenges.
R. H.
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