Cenergy Holdings SA
XBRU:CENER
Cenergy Holdings SA
Cenergy Holdings SA, a distinctive entity nestled in the industrial sector, emerges as a prominent player by weaving a narrative of innovation and sustainability within the energy and telecommunications infrastructures. Operating primarily through its subsidiaries, Cenergy Holdings anchors itself firmly in the manufacturing of steel pipes and cables. Its offerings are tailored to meet the ever-evolving demands of its international clientele, encompassing a wide array of industries such as oil and gas, electricity, and data transmission. These pipelines and power cables are crafted with precision, enabling the company to support the expansion of essential infrastructures that fuel economies globally.
The company's revenue streams are deeply intertwined with its ability to embed itself within massive, long-term projects that span continents—from the intricate web of energy grids across Europe to the vast network of telecommunication lines crisscrossing new markets. Cenergy Holdings marries its century-old manufacturing expertise with state-of-the-art technology and engineering prowess to deliver cutting-edge solutions. By capitalizing on its innovative drive and sustainable practices, the company not only secures a robust order book but also reinforces its stature as a pivotal contributor to the modern world's infrastructural backbone. Through this blend of tradition and technology, Cenergy continues to bolster its financial health while playing a critical role in shaping the sustainable infrastructures of tomorrow.
Cenergy Holdings SA, a distinctive entity nestled in the industrial sector, emerges as a prominent player by weaving a narrative of innovation and sustainability within the energy and telecommunications infrastructures. Operating primarily through its subsidiaries, Cenergy Holdings anchors itself firmly in the manufacturing of steel pipes and cables. Its offerings are tailored to meet the ever-evolving demands of its international clientele, encompassing a wide array of industries such as oil and gas, electricity, and data transmission. These pipelines and power cables are crafted with precision, enabling the company to support the expansion of essential infrastructures that fuel economies globally.
The company's revenue streams are deeply intertwined with its ability to embed itself within massive, long-term projects that span continents—from the intricate web of energy grids across Europe to the vast network of telecommunication lines crisscrossing new markets. Cenergy Holdings marries its century-old manufacturing expertise with state-of-the-art technology and engineering prowess to deliver cutting-edge solutions. By capitalizing on its innovative drive and sustainable practices, the company not only secures a robust order book but also reinforces its stature as a pivotal contributor to the modern world's infrastructural backbone. Through this blend of tradition and technology, Cenergy continues to bolster its financial health while playing a critical role in shaping the sustainable infrastructures of tomorrow.
Record Revenue: Cenergy surpassed EUR 1 billion in revenue for the first semester, a 26% year-on-year increase.
Profitability Surge: Operational profit exceeded EUR 170 million, up 43% year-on-year; pre-tax and after-tax profit rose 70% versus last year.
Margin Expansion: Group margins increased over 200 basis points, with steel pipes posting an exceptional 18.2% EBITDA margin and cables at 16.3%.
Strong Backlog: Order backlog remained robust at EUR 3.33 billion, providing multi-year visibility.
Upgraded Guidance: 2025 adjusted EBITDA guidance was raised to EUR 310–340 million (up EUR 10 million at both ends).
CapEx and Working Capital: CapEx was EUR 119 million for H1, mostly on Greek facilities and the US expansion; net debt rose due to higher working capital and investment.
Positive Outlook: Management expects strong H2 performance and continued high margins, with demand in Europe and the US seen as supportive for growth.
