Assystem S.A. Reports 2025 Consolidated Revenue Growth of 7.4 %
Assystem S.A. (ISIN FR0000074148, ticker ASY) released its full‑year and fourth‑quarter 2025 results on 10 February 2026. The engineering group, listed on the NYSE Euronext Paris, posted consolidated revenue of €656.6 million, a 7.4 % increase over the €611.3 million recorded in 2024.
Revenue Drivers
| Segment | 2024 | 2025 | % Change (reported) |
|---|---|---|---|
| France | €380.9 m | €387.8 m | +1.8 % |
| International | €230.4 m | €268.8 m | +16.7 % |
| Total | €611.3 m | €656.6 m | +7.4 % |
The rise was supported by:
- Organic growth of 4.5 %, largely attributed to the robust performance of international operations, especially in the Paris‑La Défense area.
- A positive scope‑of‑consolidation effect of 4.2 % following the integration of the UK company Mactech Energy Group on 1 January 2025. This addition contributed 4.7 % to the fourth‑quarter revenue increase and 4.2 % to the full‑year rise.
- A currency effect of –1.3 % at the year‑end, partially offsetting the gains from scope changes.
Quarterly Performance
In the fourth quarter alone, consolidated revenue reached €172.5 million, up 4.0 % versus €165.9 million in Q4 2024. The quarter’s growth comprised:
- 2.2 % organic increase,
- 4.7 % impact from scope expansion,
- –2.8 % effect from foreign‑exchange movements.
The nuclear segment, which represents 77 % of total annual revenue, delivered a decline in revenue relative to the prior year, counterbalanced by gains in non‑nuclear activities.
Sector Context
Assystem’s service portfolio spans siting, licensing, environmental, system engineering, risk monitoring, construction management, digital transformation consulting, and operating information systems. Its client base covers nuclear, hydrogen, transportation, defense, and territorial development sectors worldwide. The company’s recent results demonstrate resilience in its core nuclear business while maintaining growth momentum in international markets.
Market Outlook
Assystem’s market capitalization stands at €736.4 million, with a price‑earnings ratio of 86.9. The stock traded at €47 on 8 February 2026, within a 52‑week range of €28.4 to €49.6. The firm’s continued expansion in international markets and its recent acquisition of Mactech Energy Group suggest potential for further revenue growth, particularly as demand for engineering services in the nuclear and hydrogen sectors remains strong.
Sources: Finanznachrichten.de, GlobeNewswire, WallStreet‑Online.de
