Blue Cap AG Reports Stable Earnings Despite Revenue Decline

Blue Cap AG released its preliminary results for the first half of 2025, indicating a robust earnings performance despite a decrease in revenue. The company recorded a revenue of EUR 97.9 million, a slight decrease from EUR 102.3 million in the previous year. Nevertheless, the EBITDA margin improved significantly to 8.8%, up from 7.2%, attributed to efficient business models and stringent cost management.

The company reaffirmed its annual forecast, anticipating consolidated revenue between EUR 200 million and EUR 220 million, with an adjusted EBITDA margin between 10.0% and 11.0%. The diverse portfolio performance was mixed, with the Plastics and Adhesives & Coatings segments showing stable revenue or minor declines but increased profitability. The Business Services segment saw a revenue decline but also increased its profitability through targeted efficiency measures.

Blue Cap's portfolio of five majority shareholdings, mostly in the Plastics, Adhesives & Coatings, and Business Services sectors, remains stable in a volatile market climate. Dr. Henning von Kottwitz, the CEO, expressed satisfaction with operational performance, highlighting a record dividend payout of EUR 1.10 per share approved during the Annual General Meeting in June. Blue Cap's balance sheet remains solid with a net debt ratio under 3.5 years.