The Maire Group The new 2025-2034 strategic plan has also presented with the financial results of 2024 which updates the economic-financial targets of the 2024 plan. For 2034 expected revenues for over 11 billion and an Ebitda of over 1.1 billion, with a margin that is expected to reach 10%, Thanks to the growing contribution of technologies and integrated projects with high added value.
Maire, new industrial plan
The expansion will be supported by about 1 billion investments envisaged on the time horizon. Net availability Adjusted are expected to approximately 700 million In 2029 and over 1.9 billion in 2034, also thanks to a more normalized level of investments and the returns deriving from the investments of Met Development in the second half of the plan. There are also a reduction in gross debt and an increase in the 66% pay-out ratio dividend from 2026 onwards (in 2024 it risen to 55% from 50% of the previous year).
The results of 2024
In 2024 Maire, an Italian corporate group active in the engineering, technological and energy sector listed on Euronext Milan, recorded growing revenues at 5.9 billion euros (+38.5%), in line with the guidance. Double -digit growth also for the Ebitda to 386.4 million (+40.8%), with a margin increase from 6.4%to 6.5%. Net profit to 212.4 million (+64.0%), the highest recorded in the history of the group, with a margin increasing from 3.0% to 3.6%, net availability Adjusted stood at 375.1 million, growing 37.2 million compared to the end of 2023 2024), with an increase in pay-out from 50% to 55%, for a total amount of 116.9 million.
The forecasts for 2025
The Guidance 2025 includes another year of growth and expansion of the margin with revenues between 6.4 and 6.6 billion (growing between 8-12%), a Ebitda between 420 and € 455 million (growing between 9-18%), with a margin of 6.6-6.9%, Capex between 130 and 150 million and net availability Adjusted in line with the end of 2024.
The stock on the stock exchange
Despite the financial results presented and the growth indications contained in the strategic plan, the market did not reward the group. The title turns out to be in fact in a strong discount with A drop recorded around 16%.
