Improved EBITDA and EBIT

Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to EUR 4.2 million in the financial year 2025, exceeding the previous year’s figure of EUR 2.1 million by EUR 2.1 million (+101.3 %). The EBITDA margin improved accordingly to 9.4 %, compared to 4.4 % in the previous year. In addition to improved cost efficiency, the continued positive operational development in the Brazil business segment contributed to a higher valuation of biological assets of EUR 3.2 million (previous year: EUR 2.5 million).

PW Amazon reported an EBITDA margin of 51.2 % in 2025 (previous year: 40.3 %). The segment therefore continued its positive business performance after the previous year had been impacted by one-time effects related to the restructuring. The high margins are significantly influenced by the valuation of biomass. PW Gabon recorded an EBITDA margin of 2.0 % (previous year: 4.5 %). The previous year’s result could not be maintained, primarily due to more challenging economic and political conditions in Gabon. Consolidated depreciation and amortization amounted to EUR 4.2 million, below the previous year’s level of EUR 5.9 million. The decrease compared to the previous year is mainly attributable to lower amortization related to harvesting areas in Brazil. At Group level, EBIT improved to EUR -0.03 million (previous year: EUR -3.8 million).