Allgeier SE Records Rising Operating Profit in Q3 2025

Allgeier SE has released preliminary third-quarter results, noting a rise in operating profit compared to the same quarter last year. The Munich-based company reported revenue of EUR 85 million from July to September 2025, slightly below the EUR 86 million recorded last year. However, operating EBITDA surpassed last year’s figures despite challenges stemming from delays in public sector digitalization projects.

The group's gross profit increased to EUR 35 million, achieving a gross margin of 40 percent. Adjusted EBITDA rose to EUR 13.6 million, reflecting a margin of 15.6 percent. Extraordinary costs impacted reported EBITDA, which was EUR 11.1 million compared to an inflated EUR 19.8 million last year due to a one-time adjustment related to the Evora Group acquisition.

Ending September 30, consolidated equity stood at EUR 187 million. Notably, net debt increased to EUR 137 million, although total assets decreased to EUR 450 million. The figures reflect adjusted results without the recently divested IT services division.