Masterplast closed the last quarter of 2025 with record turnover
Masterplast Plc. achieved consolidated sales revenue of 60.9 million euros in the fourth quarter of 2025, an 83 percent increase over the previous year, which is the highest quarterly turnover in the company’s history – the building materials manufacturer announced on the stock exchange website on Thursday.
According to the report, the company’s after-tax profit in the fourth quarter of last year – excluding the impact of one-off items – was 2.177 million euros, compared to 2.177 million euros realized in the same period of the previous year with a loss of EUR 8.932 million.
EBITDA under normal business conditions was EUR 6.4 million, which corresponds to the company’s third strongest quarterly performance to date, with an EBITDA margin of 10.6 percent in the last quarter.
Announced:
Thanks to the outstanding quarterly performance, the previously announced turnaround in profitability was also achieved on an annual level. The intensive sales activity achieved in the Certified Energy Savings (CESS) market played a decisive role in this, and demand growth was also measured in several segments of the company’s product range.
The increase in turnover resulted in an increase in production volumes, which enabled higher capacity utilization and improved operational efficiency, they wrote.
Last year, the group’s sales revenue increased to EUR 171.2 million, from EUR 136.1 million in the previous year. Annual EBITDA adjusted for the impact of one-off items exceeded EUR 12 million, which represents a significant improvement compared to the previous year. The turnaround in operating profitability is indicated by the fact that the annual EBIT excluding special items showed a profit of EUR 4.4 million.
The report highlighted that the company’s financial position had strengthened, its cash and cash equivalents had increased to EUR 11.3 million, and its bond and loan repayments due at the end of the year had been successfully completed without involving new external sources.
The production strategy was reviewed and readjusted, as a result of which it was decided to close the Italian EPS production unit and stop the stone wool investment. In connection with these measures, impairment losses and provisions of EUR 9.8 million, as well as financial expenses of EUR 1.3 million, were recognized last year. These were a one-time charge on the 2025 result, but did not affect the company’s liquidity, they wrote.
They noted that the Hungarian market achieved extremely strong growth, with sales revenue above the base for each product group in the fourth quarter, and total turnover increased by 177 percent in 2025.
According to their expectations, the currently increased demand is expected to persist in the first quarter of 2026, and then reach a more sustainable level.
They also stated that
Founded in 1997, Masterplast is the largest Hungarian-owned building materials manufacturer in Central Europe, with over 1,100 employees and a presence in most European countries through its export partners. It has its own subsidiaries in ten European countries and distributes more than five thousand products.
The company is a premium category issuer, listed on the Budapest Stock Exchange since 2011, and its share price has fluctuated between 2,210 and 3,130 forints in the past year.
