EW Group Share Price (EWG)

.wealthoracle.co.uk/companies/EWG

Eurowag delivered a strong FY25 performance combining double-digit top-line growth with high profitability, improved leverage, and continued strategic progress on its platform transformation. Net revenue rose 12.9% to €330.1m, driven primarily by Payment solutions, where net revenue increased 20.1% to €200.4m. The standout contributor was Toll revenue, up 52.3%, reflecting both product strength and broader adoption of its interoperable toll offering. Adjusted EBITDA increased 8.5% to €132.1m, equating to a still highly attractive 40.0% margin, despite ongoing investment in technology, talent, and customer migration. The key thrust of the investment case increasingly rests on Eurowag’s evolution from a collection of transport services into a more integrated digital operating platform for the commercial road transport sector. The launch of Eurowag Office is a major strategic milestone, bringing together core services including fuel, tolls, fleet management, work time management, navigation, and financial services within a single digital ecosystem. Management reported that 35% of customers are already actively using the platform, with the majority expected to migrate by the end of 2026. This should support higher customer retention, greater cross-sell, better data monetisation, and lower service friction over time. Encouragingly, early evidence suggests the platform rollout is being well receive. From a financial perspective, Eurowag remains attractive due to its recurring revenue characteristics, cash generation, and improving balance sheet. Adjusted cash EBITDA rose 10.5% to €98.0m, while net debt fell materially to €216.2m, reducing leverage to 1.9x from 2.3x. The recommendation of a second special dividend of 1.5p per share further signals confidence in cash flow and capital allocation discipline. For FY26...

.wealthoracle.co.uk/companies/EWG

Yes , someone obviously thinks there will be some action of some sort coming .

well there is some unusally large trades this weeek.
somethings brewing.

Hopefully with cash in the bank and the stated acquisition strategy etc , we will see some good moves soon , that will create some action with the sp . Looks very cheap at these levels to me .

a trade.