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HERIGE Earnings Release 2025
1398_iss_2025-11-04_84166015-b76f-46ea-88af-7303198c9fda.pdf
Earnings Release
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PRESS RELEASE
Montaigu-Vendée, November 4, 2025 – 6 p.m.
HERIGE: CONTINUED CONSOLIDATION OF THE BUSINESS, WITH TURNOVER OF €283.2 MILLION FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2025
| French GAAP - € millionTurnover unaudited figures1 | 2025 | 20242 | Change |
|---|---|---|---|
| 1st quarter | 97.6 | 106.7 | -8.6% |
| nd quarter2 | 101.3 | 107.3 | -5.6% |
| rd quarter3 | 84.4 | 90.6 | -6.9% |
| TOTAL | 283.2 | 304.7 | -7.0% |
| Industrial Joinery | 162.5 | 177.2 | -8.3% |
| Concrete Industry | 100.3 | 103.2 | -2.8% |
| Other | 27.8 | 31.1 | -10.4% |
| Inter-segment eliminations | -7.4 | -6.7 | - |
Moderate downturn in business levels in the third quarter of 2025 in an uncertain environment
In a still complex economic and geopolitical context, HERIGE Industries recorded turnover of €84.4 million, down 6.9% compared to the same period in 2024 (down 5.9% on a comparable working-day basis). Following on from the first half, this trend reflects the business' resilience in a market that remains fragile.
- | In the third quarter, Industrial Joinery recorded an 8.0% decline (-7.2% excluding the unfavorable calendar effect). This trend continues to be impacted by a wait-and-see attitude related to changes to the MaPrimeRénov' program, as grants for individual comprehensive renovations were suspended over the period. Against this backdrop, the professional expert installers Networks and Construction businesses have shown greater resilience despite a highly competitive environment.
- | The Concrete Industry's decline was limited to 2.5% over the quarter (-1% excluding the unfavorable calendar effect), confirming the resilience of the ready-mix and precast concrete segments. Performance was driven by a more favorable product mix, with the ramp-up of special concretes, in particular decorative concretes, and growth in the low-carbon concrete range.
Consequently, over the first nine months of the year, HERIGE Industries posted turnover of €283.2 million, down 7.0% on the same period in 2024 (-5.3% excluding the calendar effect).
1 Figures for 2025 and 2024 are presented based on the new reporting segmentation: the "Industrial Joinery" business now includes the Canadian subsidiary and the carpentry business has been transferred to the "Other" division
2 Figures for 2024 have been restated for discontinued operations (VM Matériaux, LNTP, Cominex and VM Guadeloupe)
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PRESS RELEASE
Outlook
In a market altered by political uncertainties and a lack of visibility, particularly for the renovation and new-build markets (apart from the recovery in individual housing), HERIGE remains fully mobilized to strengthen its fundamentals and prepare the conditions for a sustainable rebound when the sector returns to a growth trajectory.
NEXT PUBLICATION: Q4 2025 turnover on February 3, 2026 (after the close of trading)
All our financial communications are available on our website: www.herige-industries.fr/en
ABOUT HERIGE
HERIGE Industries focuses on two sectors of the building industry: the Concrete Industry and Industrial Joinery. HERIGE is a multi-regional group of Vendée origin, with a workforce of nearly 1,700 employees, present in mainland France, Canada and overseas.
HERIGE is listed on Euronext Growth PEA/PME eligible
Indices: EURONEXT FAMILY BUSINESS, EURONEXT GROWTH ALL SHARE, ENTERNEXT©PEA-PME 150 ISIN FR0000066540, Ticker: ALHRG, Reuters ALHRG.PA
CONTACTS
HERIGE INDUSTRIES Benoît Hennaut – Chairman of the Executive Board Caroline Lutinier – Head of Group Communication & CSR Tel.: +33 (0)2 51 08 08 20 E-mail: [email protected]
ACTUS finance & communication Corinne Puissant – Analyst/Investor Relations Tel.: +33 (0)1 53 67 36 77 – E-mail: [email protected] Serena Boni – Press Relations Tel.: +33 (0)4 72 18 04 92 – E-mail: [email protected]