NEXTEER (01316) releases annual performance with a net profit attributable to shareholders of $102 million, a year-on-year increase of 65.27%.

NEXTEER (01316) announced its annual performance for the year ending December 31, 2025. The company achieved revenue of 4.584 billion US dollars, an increase of 7.21% compared to the previous year. The profit attributable to equity holders of the company was 102 million US dollars, an increase of 65.27% year-on-year, with earnings per share of 0.041 US dollars. The proposed final dividend is 0.0183 US dollars per share. According to the announcement, after adjusting for favorable foreign currency translation and commodity compensation increases, revenue grew by 6.9%, outperforming the market by 320 basis points. Continued growth in the Asia-Pacific region, as well as strong performance in Europe, the Middle East, Africa, South America, and North America, drove revenue growth above the market by 3.2%. According to the S&P Global Mobility report in January 2026, global automotive vehicle production increased by 3.7% in 2025 compared to 2024. Adjusted EBITDA for the year ending December 31, 2025 was 472 million US dollars, an increase of 47.4 million US dollars or 11.2% compared to the previous year. The improvement in profitability was mainly driven by increased sales volume, efficiency, and performance improvements, partially offset by costs from troubled suppliers in the North America region. In the year ending December 31, 2025, the group successfully launched 57 new customer projects (48 in the Asia-Pacific region, 5 in Europe, the Middle East, Africa, and South America, and 4 in North America). Out of the 57 customer projects launched, 42 were new or newly acquired businesses for the group, and 36 were EV projects. In addition to the increase in global production of light vehicles by major automotive manufacturers, the production volume in 2025 increased compared to 2024 due to a large number of new and newly acquired projects launched in the past few years. The increase in production volume was partially offset by unfavorable customer pricing and tariff compensation net amounts during the year. The group's revenue increased by approximately 14.5 million US dollars due to favorable foreign currency translation, mainly due to the depreciation of the US dollar against the euro in 2025 compared to the previous year. Income further increased by 600,000 US dollars due to customer price increases resulting from the higher cost of raw materials in 2025 compared to 2024. After adjusting for favorable foreign currency translation and commodity compensation increases, the group's revenue increased by 6.9% in 2025 compared to the previous year, outperforming the market by 320 basis points. This performance reflects the group's continued benefit from the launch of new and newly acquired customer projects in recent years.