ABO-Group Environment reported a 17.7% increase in revenue for the first half of 2025, reaching €53.7mn ($57.2mn), driven by a combination of organic growth and strategic acquisitions made in 2024. The performance was led by the Environment and Geotechnics divisions, along with a notable 71.9% surge in the Monitoring & Infrastructure segment.
Acquisitions drive momentum in Belgium and the Netherlands
Growth was bolstered by the acquisitions of Eco Reest and Demey Infrabureau, which contributed €4.4mn, or 9.6%, to the increase. In Belgium, revenue rose by 17.6% to €18.9mn, with 59% of that growth linked to these takeovers. In the Netherlands, the €2.4mn revenue gain to €9.9mn was largely attributed to Eco Reest’s input in the Environment division.
France shows stable growth led by geotechnics
In France, ABO-Group posted revenue of €24.9mn, up 12.8%, supported by a rebound in geotechnical projects after a weak 2024 marked by delays. This growth was partially offset by a contraction in the geophysics segment, a specialised sub-sector of geotechnics, which was impacted by fixed costs not covered by revenue.
Profitability weakens amid sector pressure
EBITDA increased from €5.4mn to €5.9mn, while the EBITDA margin declined to 11.1% from 11.8% a year earlier. The decrease was mainly due to negative margins in geophysics and growing competitive pressure on environmental fieldwork in Belgium and the Netherlands. Net profit dropped by 54.1% to €0.2mn ($0.21mn), driven by higher financing costs and the absence of French research tax credits that had supported results in 2024.
New appointments strengthen operational governance
As part of its consolidation strategy, ABO-Group appointed Alexander De Palmenaer as Chief Operating Officer (COO) for Belgium and Gijs Vanreusel as COO for the Netherlands. The appointments aim to enhance coordination among the group’s 25 subsidiaries within a country-based structure, ahead of large-scale contracts in defence, nuclear and mining sectors.
Outlook confirmed for full-year performance
Management confirmed its 2025 revenue target of between €105mn and €110mn ($111.8mn to $117.2mn), despite a challenging construction sector. The execution of several long-term contracts, including for defence ministries and nuclear waste authorities, is expected to begin in Q4 2025. The group also plans to strengthen its position in critical raw materials in line with European strategic autonomy goals.
