Groupe Airwell Lowers 2025 Revenue Target Amid Delivery Delays
Reuters
Oct 31
Groupe Airwell Lowers 2025 Revenue Target Amid Delivery Delays
Groupe Airwell SA reported group revenue of €32.2 million for the first nine months of FY 2025, representing a decrease of 12.5% compared to the same period in the previous year. The International segment recorded €4.3 million in revenue for Q3 2025, down from €5.1 million a year earlier, due to delivery delays of around €2 million, which are expected to be resolved in the coming weeks. Despite these delays, the International segment's nine-month revenue remains slightly up by 1.8% year-on-year. The company expects activity to accelerate at year-end due to strong seasonality but is prudently adjusting its annual revenue target, now anticipating flat revenue for FY2025 compared to 2024, while confirming its goal of improved profitability.
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