Amper 2025 results: margin improvement (3 p.p.) despite lower offshore wind revenues; M&A forecast in 2026
Lighthouse | Amper (AMP) posted revenues of €281.7 million in 2025 (below estimates of €369 million). The year-on-year decline is mainly explained by the sale of the Industrial Services business (Nervión; approx. €180 million in revenue in 2024), the slowdown in the offshore wind business, and the consolidation of only one half of Navacel. By segment, Defence and National Security grew by 40% (€120 million), while Energy and Sustainability recorded…


