Azelis reports sustained organic revenue growth in Q1 2025

The Group has commenced contingency measures to deliver EUR 20 million in annualised cost savings as a measure of prudence given the ongoing uncertainty.

Azelis has reported revenue of EUR 1.1 billiion, representing year-on-year increase of 4.5% (+4.7% on a constant currency basis), driven by 2.5% organic growth, and a 2.2% revenue growth contribution from acquisitions. The company posted gross profit of EUR 263.8 million resulting in gross profit margin of 24.0%. The 77 bp gross profit margin contraction reflects the mix effect from higher contribution from Industrial Chemicals and recent acquisitions.

The Group has commenced contingency measures to deliver EUR 20 million in annualised cost savings as a measure of prudence given the ongoing uncertainty.

Anna Bertona, Group CEO, Azelis, commented: "Our performance in the first quarter of 2025 demonstrates the benefit of our diversified footprint, and the dedication of our teams to deliver performance across our businesses in a volatile environment.

“Although the pace of recovery continues to vary across regions, we have sustained good topline performance and delivered 2.5% organic revenue growth in the first quarter. However, the uncertainty resulting from tariff discussions around the world has since shifted sentiment and reduced visibility in the order book. The Group has therefore commenced contingency measures to protect profitability while trading pattern remains volatile.

“Despite the growing trade uncertainty around the world, we are confident that we have the right strategy to navigate the resulting challenges, as well as benefit from the opportunities created by the volatility in the industry. In light of ongoing uncertainty, we will continue to focus on appropriate cost control to ensure that we balance growth and profitability in a rapidly shifting environment."

The Management is confident that Azelis is well-positioned to navigate the volatility driven by global trade discussions. In light of rising uncertainty, we will continue to focus on appropriate cost control to ensure that we balance growth and profitability in a rapidly shifting environment.