$WSU (+0 %)
Q1 2025 results at a glance

• WashTec published its figures for the first quarter on May 6, 2025. Revenue increased by 7.9% to €108.8 million (previous year: €100.8 million)
• At €4.9m, EBIT (earnings before interest and taxes) was slightly below the previous year's figure of €5.1m. The EBIT margin fell from 5.1% to 4.5%
• Free cash flow improved significantly to € 16.5 million (previous year: € 9.3 million), primarily thanks to improved working capital
• Net profit fell slightly to € 2.9 million (previous year: € 3.1 million), earnings per share fell to € 0.22 (previous year: € 0.23)

$WSU (+0 %) How would the group here rate Washtec?

Am now times with ner mini position purely.

- small second-tier stock

- but I think that even in a downturn people still like to have their cars washed.

- through their business model they also sell car washes to startups that go into business for themselves as car wash operators

Am curious about your 💡