Semperit first half results down, sees signs of recovery

Vienna – Semperit Group has reported sharp declines in its operating results over the first half of 2025, due mainly to lower orders in the first three months of the year.

Earnings (EBITDA) for the six months to 30 June fell 35% year-on-year to €30.7 million, on sales 7.2% lower at €320 million, the Austrian industrial elastomers group reported 13 Aug.

Despite the weak first-half performance, Semperit said its operating results “significantly improved” in the second quarter as it recovered from a “weak order situation” at the beginning of the year.

In particular, Semperit said customers had postponed projects in the conveyor belt and LSR moulding businesses due to “the volatile market situation” in the first quarter.

However, the manufacturing group has subsequently seen “a significant improvement in order activity.”

Sequentially, second quarter sales rose 11.3% versus the prior three months, to reach €168.8 million, while earnings increased 76.2% to €19.6 million.

Over the first six months, Semperit Industrial Applications (SIA) – hoses and profiles – generated revenue of €133.6 million, down 4.7% year-on-year, with earnings of €24.2 million, 19.2% lower than a year ago.

Semperit Engineered Applications (SEA) – including form goods, belting and liquid silicone rubber (LSR) – posted a 9% year-on-year decline in six-month revenue to €186.9 million, with earnings dropped nearly 47% to €14.7 million.

With an upturn in orders from March onwards, “both order-intake in the first half of the year and the order backlog at the end of June are above the previous year’s levels,” said chief executive Manfred Stanek.

The CEO expects the recovery to continue in the second half of the year, helping Semperit strengthen its market position “in all business areas.”

Semperit confirmed its 2025 outlook, with operating earnings expected to range between €65 million and €85 million, including €5 million in costs for a digitalisation project within the group.