Mersen Reports Nine-Month 2025 Sales of €895 Million Amid Market Challenges

Mersen announced sales of €895 million for the first nine months of 2025, reflecting a 4.1% decline on an organic basis compared to 2024. The Electrical Power segment showed growth, driven by projects in North America, while the Advanced Materials segment faced a downturn, especially in solar and SiC semiconductor markets. However, transportation markets and silicon semiconductors showed resilience.

For the full-year 2025, Mersen anticipates organic sales growth between -5% and -3%, with an EBITDA margin of around 16%. Capital expenditure is revised to between €140 million and €150 million. Despite currency depreciation in key regions, Mersen remains optimistic about stable performance in several markets, including rail and aeronautics. CEO Luc Themelin emphasized the company's focus on market opportunities and cash flow generation to achieve medium-term objectives.