Kiloutou reports “stable” start to 2025

Photo: Kiloutou

Kiloutou has reported a moderate increase of 1.2% in revenues for the first quarter of the 2025 financial year. 

The company said revenues for Q1 reached €298 million, which it described as resilient given the challenging environment of the construction sector. EBITDA also remained fairly flat at a decline of 0.6% to €94.1 million.

Revenues in France, its largest market, were down by 1.7%, while its international businesses in Europe were up by 6.0% to €118.6 million.

Kiloutou said much of that growth overseas came from the acquisitions of Toolquick Alquiler, Liftisa S.L. and Gloobal Movingrent S.A. in Spain towards the end of 2024.

As for CapEx, the company revealed that it had reduced spend by half (to €36.8 million) as part of what it describes as a “cautious investment strategy.”

Meanwhile, it also announced a refinancing of €550m senior secured notes in January with €400 millon fixed rate notes at 5% with a maturity in 2031 and €150m floating rate notes at 3.5% with a maturity in 2030.

Olivier Colleau, CEO of Kiloutou Group, said, “Despite persistent market headwinds, particularly in the Construction sector, we managed to maintain stable Revenue and EBITDA. Our revenue increased by 1.2% and our EBITDA decrease is limited to -0.6%.

“In addition, our debt ratio remained stable at 3.73x. We pursued our strategy regarding environmental and social policies, detailed in our Engagement report and we are really pleased with the Great Place To Work certification of Kiloutou España in 2025, after Kiloutou France in 2024.

“In a challenging environment, we delivered solid results that demonstrate the strength of our strategy and the dedication of our teams”.