BRIEF

on VERNEUIL PARTICIPATIONS (EPA:VRNL)

Alan Allman Associates Third Quarter 2025 Revenue

Alan Allman Associates has reported revenue of €77.7 million for the third quarter of 2025. This result comes against a mixed economic backdrop, with a decline of 8.5% compared to 2024. At constant exchange rates and excluding disposals, the decline is limited to 4.5%.

Performance varied by region: in North America, activity remained stable, with a minimal decline of 0.4%. The APAC region posted significant growth of 59.6%. In contrast, Europe experienced a decline of 18.5%, impacted by an unfavorable base effect in Portugal.

For the first nine months of 2025, revenue reached €249.1 million, a decrease of 4.8% excluding currency effects and disposals. The company is continuing its innovation efforts and strengthening its positioning in artificial intelligence and other key areas.

R. H.

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