Log In Get Started
Stock Markets March 31, 2026

Vorwerk Proposes Special Payout After Robust 2025 Performance

Company plans an extra €0.40 per share on top of the regular dividend after a year of double-digit revenue growth and margin expansion

By Avery Klein
Vorwerk Proposes Special Payout After Robust 2025 Performance

Vorwerk Group SE will ask shareholders to approve a special dividend of €0.40 per share in addition to its customary €0.70 distribution, following a year in which revenue, cash balances and profitability all improved markedly. The company also provided 2026 guidance that points to continued, though moderate, revenue growth and a wide EBITDA range.

Key Points

  • Vorwerk will propose a special dividend of €0.40 per share in addition to the ordinary €0.70 dividend - impacts investor returns and corporate capital allocation.
  • Full-year 2025 revenue rose to €704m, up 41% year-over-year, and EBITDA doubled to €163m with a 23.2% margin - significant improvement in profitability and cash generation.
  • Order backlog and intake fell compared with December 2024 while total project volume acquired rose and headcount increased 15% to 2,243 employees - relevant for project delivery, staffing and industrial activity.

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.

Risks

  • Declines in order backlog (to €1,021m) and order intake (to €538m) introduce uncertainty around future revenue flows - this affects project and construction-related activity as well as revenue visibility.
  • Q4 results benefited from mild weather and strong joint-venture contributions, factors that may not be repeatable and could lead to volatility in quarterly outcomes - impacts near-term earnings predictability.
  • Wide 2026 EBITDA guidance range (€160m to €180m) signals uncertainty in margin trajectory and cost dynamics - relevant for investors assessing profitability and valuation.

More from Stock Markets

Diebold Nixdorf to Join S&P SmallCap 600; Shares Jump After Hours Apr 7, 2026 Mexican equities slip on sector weaknesses; S&P/BMV IPC down 0.66% Apr 7, 2026 Moscow Stocks Finish Higher as Energy, Power and Manufacturing Names Lead Gains Apr 7, 2026 Colombian Stocks Slip; COLCAP Ends Down 1.06% as Financials and Utilities Weigh Apr 7, 2026 Super Micro Initiates Independent Probe After Indictments Tied to Export-Control Allegations Apr 7, 2026