The Digester
finance

Duro Felguera posts €89.3m net loss in 2025

Spanish engineering group Duro Felguera reported a €89.27 million net loss in 2025 on sharply lower sales and has launched a restructuring plan including asset sales and provisions to avoid insolvency.

Mar 31st 2026 · Spain

Insights

  • Net loss was €89.27 million in 2025, up 1.17% from €88.24 million in 2024.
  • Revenues fell 43.69% to €161.06 million from €286.01 million in 2024.
  • Negative EBITDA improved to -€62.06 million from -€88.12 million the prior year.
  • Operating loss narrowed to -€57.40 million from -€95.55 million in 2024.
  • Extraordinary charges included €6.4 million in restructuring costs and €5.2 million from an ERE that affected 180 employees.
  • Provisions included €16.3 million for receivables, €20.2 million for executed guarantees on Iernut, €7.7 million for Aya Gold and a €10 million increase for Jebel Ali.
  • Gross financial debt stood at €285 million and net debt rose to €273.47 million from €126.18 million.
  • Cash at year end was €11.67 million and the company expects €23 million from the sale of its headquarters and a planned capital increase.
  • Restructuring measures include sale of the Gijón headquarters, divestment of loss-making units, cancellation of €153 million in projects and judicial negotiation to homologate the plan before July 31 to avoid insolvency.
  • The CNMV briefly suspended trading on October 21 and lifted the suspension the same day after the company disclosed its restructuring plan.

Sources