Overview
Vorwerk Group SE said on Tuesday that it will propose a special dividend of €0.40 per share at its annual general meeting, to be paid in addition to the ordinary dividend of €0.70 per share. The proposal follows what the company describes as a strong set of results for the full year 2025.
Financial results for 2025
Full-year revenue for 2025 came in at €704 million, an increase of 41% compared with the prior year. EBITDA more than doubled to €163 million, which the company reported as a 23.2% margin for the period.
The fourth quarter contributed €199 million in revenue, up 25% year-over-year, and generated €58 million of EBITDA, equal to a 28.9% margin. Vorwerk attributed the stronger Q4 performance to a combination of mild weather conditions, the completion of projects and meaningful contributions from joint ventures.
Balance sheet and cash flow indicators
Vorwerk reported an improved cash position of €280 million at year-end, up from €177 million previously. Net liquidity rose to €262 million from €154 million in December 2024.
Orders, project volumes and workforce
The company's order backlog decreased to €1,021 million from €1,188 million in December 2024, while order intake declined to €538 million from €685 million over the same comparison. By contrast, total project volume acquired increased, rising to €991 million from €777 million year-over-year.
Headcount expanded by 15%, rising to 2,243 employees from 1,948 in the prior year.
Outlook for 2026
For 2026 Vorwerk is guiding revenue of between €730 million and €780 million, which corresponds to growth of roughly 4% to 11% versus 2025. The company expects EBITDA in a range of €160 million to €180 million. The midpoint of that EBITDA guidance implies an EBITDA margin of 22.5%.
Notes on interpretation
The company highlighted a mix of operational drivers for the year and the fourth quarter, including weather-related effects and joint venture contributions. The guidance for 2026 provides a range for both revenue and EBITDA that reflects uncertainty around near-term performance drivers.