The dividend payment amounts to 3.67 million euros and will be paid on 8 May, charged to the 2025 financial year’s results. The annual accounts have been approved, highlighting a 17% increase in the Group’s assets, driven by increased investment in production; a 9% rise in net worth; a cash position at an all-time high following a 10% increase; and a 22% improvement in operating working capital. Revenue stood at 119 million euros, with an EBITDA of 16.5 million euros and a net profit of 12.2 million euros. The Board has confirmed the appointment of Mr Borja Oria Riu as a new independent director.
Nicolás Correa, S.A. held its Ordinary General Meeting of Shareholders this morning at the company’s registered office in Burgos. During the meeting, the Individual Financial Statements, the Consolidated Financial Statements and the Group’s Non-Financial Information Statement for the 2025 financial year were approved. The meeting also approved the Board of Directors’ management of the company during that financial year.
The Meeting agreed to distribute an ordinary dividend of €0.30 gross per share, maintaining the figure from the previous financial year, representing a total payout of 3.67 million euros. Payment will be made on 8 May, charged to the results for the 2025 financial year.
In terms of corporate governance, the Meeting ratified the co-opted appointment of Mr Borja Oria Riu, who has been re-elected as an independent board member for the statutory term of four years. Furthermore, the Board of Directors’ remuneration policy for the next three financial years has been approved, along with the setting of the maximum amount of directors’ remuneration, as well as the implementation of a share grant scheme for the Chief Executive Officer as part of her remuneration.
Furthermore, the Board of Directors has been authorised to carry out derivative share buybacks, within the established legal limits, and the Annual Report on Directors’ Remuneration for the 2025 financial year was put to a vote, on an advisory basis.
Accelerating its structural growth
At the Annual General Meeting of Shareholders, the Annual Report for the 2025 financial year was presented, which highlights the Group’s industrial capacity and structural growth in an environment marked by global geopolitical and commercial uncertainty.
During the 2025 financial year, the Group achieved turnover of 119.1 million euros and EBITDA of 16.5 million euros, equivalent to 14% of sales. Profit before tax (PBT) stood at 15.1 million euros, whilst net profit amounted to 12.2 million euros, consolidating the Group’s position amongst the highest levels of profitability globally in the machine tool sector.
The consolidated figures confirm the Correa Group’s structural growth: more investment, more assets, greater solvency and increased commercial activity, laying the foundations for future expansion.
The asset base grew by 17% to reach 158.5 million euros. In addition, there was a solid 9% increase in net worth, which strengthens the Group’s financial structure and capitalisation, bringing it to 93.4 million euros. Furthermore, the cash position reached a high of 26.3 million euros (+10%), whilst operating working capital improved by 22%, reflecting the dynamism of commercial activity and efficient management of the operating cycle.
Order intake and order backlog
Business performance has been particularly impressive: orders secured during the financial year totalled 129 million euros, 40% higher than the previous year, enabling the Group to close the financial year with an order backlog of 87 million euros, an increase of 11%.
In terms of investment, the Group has stepped up its investment in production assets to strengthen its industrial capacity, with an ambitious growth plan, highlighting the expansion of the existing Nicolás Correa plant, which will double the assembly area, as well as the new machining subsidiary, aimed at improving production efficiency and strengthening the Group’s technological capacity.
Commenting on these figures, Bibiana Nicolás-Correa, the Group’s chairwoman, noted: “The 2025 financial year has been marked by global geopolitical and commercial uncertainty. Despite this, the Correa Group has consolidated its growth of recent years, ranking among the top three European companies by turnover within the large-scale milling sub-sector, where customers recognise us as a leading provider of innovative machining solutions, thanks to the quality and reliability of our machines”.
The Group’s Chairwoman also wished to express her gratitude to customers and shareholders for the trust they have consistently placed in the Group, and highlighted the commitment of the entire team: “I would like to thank all the companies within the Group and our employees for their professionalism, dedication and commitment. The levels of new business and turnover achieved would not have been possible without their effort, commitment and teamwork”.
All documentation relating to the Meeting is available on the Nicolás Correa corporate website (www.nicolascorrea.com) and has also been submitted to the National Securities Market Commission (CNMV) in accordance with current legislation.
