Half-Year 2025 Results

➡️ The order backlog continued to increase, namely driven by order intakes from the Rail segment. 
➡️ Sales rose slightly, with an increase in the Rail segment and the North Europe and APAC zones. 
➡️ The current operating profit (COPA) slightly improved compared to last year, driven by the Rail segment and the EMEA and APAC zones. 
➡️ The net debt was at €511 million at end of June 2025, an improvement of €163 million compared to end of June 2024. 
 
What is the outlook for 2026? 
In a very uncertain economic and geopolitical environment, the Colas Group has strong fundamentals. At end of June 2025, the order backlog reached €15 billion and the part to be executed in the next 18 months was up by about €500 million compared to end of June 2024.