Belgium: Etex recorded sales of €3.75bn in the 2025 financial year, down by 0.8% year-on-year, but up by 2% on a like-for-like basis. Recurring earnings before interest, taxation, depreciation and amortisation (REBITDA) were €698m, up by 0.4%, and by 5% like-for-like, from 2024 levels. Net recurring profit reached €269m, up by 2%. Etex made capital expenditure investments of €299m, up by 13% year-on-year.
Etex’s full annual report for 2025 is due on 9 April 2026.


