The Annual Review 2025 provides a comprehensive overview of our performance, strategic progress and sustainability ambitions.
BDR Thermea Group publishes Annual Review 2025
Our 2025 Annual Review marks a pivotal year for BDR Thermea. The year 2025 was about turning ambition into action and laying the foundations for long-term value creation in a changing market.
From a financial perspective, BDR Thermea Group delivered €1.9 billion in net sales in 2025. While turnover declined compared to 2024, reflecting challenging market conditions, we improved operational performance. EBITDA increased to €151.4 million, resulting in an EBITDA margin of 7.8%, up from 6.9% the previous year. Continued cost discipline and portfolio choices supported this improvement, even as we stepped up investment in our transformation.
We sharpened our focus with the introduction of three global business areas, strengthened our industrial footprint, advanced our heat pump portfolio and continued to grow our service activities. Sustainability remained integral to our strategy, with continued reductions in operational emissions and progress toward our 2030 targets.
