Net Revenues of €936 million, return to organic growth1): 1.0% year-on-year
Order Intake of €882 million, resulting in backlog of €3.5 billion with 1.6% organic growth1) year-on-year
Operating EBITA Margin2) expanded to 11.6% (Q3'24: 11.4%), investments in line with strategy
Continued portfolio shift towards high growth solutions for energy, water, climate and technology clients
Sales process enhancement underway to strengthen individual accountability, and foster high performance culture
Amsterdam, 30 October 2025, Arcadis, the world's leading company in delivering data-driven sustainable design, engineering, and consultancy solutions for natural and built assets, reported Net Revenues of €936 million, delivering organic growth of 1.0%, and continued progress on strategic initiatives, resulting in operating EBITA margin expansion to 11.6% (Q3'24: 11.4%).
Alan Brookes, CEO Arcadis, said: "Arcadis delivered solid results in the third quarter of 2025, supported by continued strong demand in our key markets North America and Europe. Leading positions in high-growth markets such as Energy, Water, Climate and Technology continued to drive performance. Large Mobility projects in North America secured last year saw further gradual ramp up over the quarter, supporting growth. In the UK we saw some improvement, with increased policy clarity and positive backlog development. However, we remain mindful of ongoing market uncertainties. Margins expanded year-on-year as a result of improved solutions mix from strategic initiatives, as well as earlier rightsizing actions, while we continued to invest strategically to support future growth and drive additional cost efficiencies. Looking ahead, we are focused on accelerating profitable growth, enhancing our operational efficiency, and driving robust cash generation."
KEY FIGURES*
in € millions
Third Quarter
Year-to-date
Period ended 30 September 2025
2025
2024
change
2025
2024
change
Gross revenues
1,232
1,239
-1%
3,685
3,751
-2%
Net revenues
936
962
-3%
2,873
2,921
-2%
Organic growth (%)1)
1.0%
5.0%
0.2%
5.1%
EBITDA
126
129
-2%
364
388
-6%
EBITDA margin (%)
13.4%
13.4%
12.7%
13.3%
Operating EBITDA2)
132
137
-3%
401
408
-2%
Operating EBITDA margin (%)
14.1%
14.2%
14.0%
14.0%
EBITA
102
102
0%
285
306
-7%
EBITA margin (%)
10.9%
10.6%
9.9%
10.5%
Operating EBITA2)
108
109
-1%
323
327
-1%
Operating EBITA margin (%)
11.6%
11.4%
11.2%
11.2%
Net working capital (%)3)
14.0%
12.7%
Days sales outstanding (days)
73
67
Free cash flow4)
80
134
-40%
-56
45
-224%
Net debt
978
886
10%
Order intake
882
1,250
-29%
2,937
3,444
-15%
Order intake organic growth (%)1)
-27.0%
50.3%
