Alan Allman Associates: A mixed first half of 2025

Alan Allman Associates reported revenue of €83.7 million for the second quarter of 2025, a 2.2% decrease compared to 2024. However, at constant exchange rates and excluding disposals, revenue increased by 3.5%. For the half-year, it reached €171.4 million, a decrease of 5.7% compared to the first half of 2024. Europe, excluding the Defense and Public sectors, showed a sharp decline. North America remained stable, while Asia-Pacific saw a significant increase thanks to an acquisition in Australia.

The company anticipates challenges, with a cost-cutting plan aimed at maintaining profitability. The order book is encouraging, although visibility for the rest of the year remains low.