NSE Group's results declined in the first half of 2025, but the outlook is encouraging.

The NSE Group, listed on Euronext Growth in Paris, announced a 6.5% decline in revenue, reaching €51.6 million in the first half of 2025, compared to the same period in 2024. This decrease is explained by a high comparison base and a slow start in certain markets, particularly in the defense sector, due to the delayed passage of the Finance Bill. Nevertheless, revenue increased by 6.6% compared to the second half of 2024.

EBITDA reached €4.3 million, a decrease of €1.2 million compared to the first half of 2024, with an EBITDA margin of 8.3%. The group's net income was positive at €1.2 million, representing a net margin of 2.3%. Financial strength remains, with net cash of €10.2 million as of June 30, 2025.

NSE remains confident in its ability to improve its annual margins through an expected increase in its performance, particularly through its subsidiary Ametra Integration.