Global Dominion Access Reports 7% Decline in Q1 Sales, 49% Surge in Net Income

Reuters
07 May
Global Dominion Access Reports 7% Decline in Q1 Sales, 49% Surge in Net Income

Global Dominion Access SA has reported its financial results for the first quarter of 2025, showcasing a notable improvement in various financial metrics. The company achieved a 7% organic growth in sales at constant currency compared to Q1 2024, despite a 13% detraction from divestments and a 0.7% negative impact from foreign exchange rates. The turnover for Q1 2025 stood at €264.1 million, down from €283.1 million in the same period of 2024, reflecting a 7% decrease. Profitability indicators showed significant positive trends, with EBITDA increasing by 3% to €35.9 million and EBIT rising by 2% to €19.8 million. The EBITDA margin on turnover improved from 12.3% to 13.6%, while the EBIT margin also saw an increase from 6.9% to 7.5%. Net income experienced a substantial rise, with the attributable net income climbing by 25% to €9.1 million, up from €7.3 million in the previous year. Comparable net income also grew by 6% to €9.9 million from €9.3 million, with the net income margin improving to 3.8% from 3.3%. The company attributes the improvement in net income primarily to lower balance sheet expenses, including decreased financial and tax expenses. Additionally, the scope of consolidation has changed following divestments in industrial maintenance activities, MINISO, and Coderland businesses in late 2024, affecting comparability with the previous year's results. Global Dominion Access SA continues to focus on enhancing its efficiency and sustainability through technology, aligning its reporting with its new structure and strategic focus in the energy transition and socio-digital transition segments.

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