DOMINION closed 2025 by consolidating the transformation process that began in 2023. The company has made progress in simplifying its scope, reinforced the weight of its recurring businesses, and strengthened its balance sheet, thus completing a key stage of the 2023–2026 Strategic Plan.
Revenue for the year reached €1.045 billion, with organic growth of +4% at constant currency. This progress was achieved despite the impact of divestments (-11% in sales) and currency effects (-2%), as well as the temporary slowdown in the projects segment in a challenging macroeconomic environment.
Growth above targets in recurring businesses
The dynamism of the exercise has been driven by the group's recurring areas. Global Dominion Environment (GDE) and GDT Services recorded combined organic growth of +6%, exceeding annual guidance.
GDE, which specializes in the circular economy and decarbonization, achieved sales of €471.8 million, with organic growth of +6%. During 2025, the division has strengthened its position with acquisitions in decarbonization and environmental management, such as Züblin and Ecogestión, in addition to the development of greenfield projects and the consolidation of an active M&A pipeline of corporate opportunities.
For its part, GDT Services achieved €460.2 million in sales (+5.8%), consolidating its comprehensive offering in electrification, telecommunications, and multi-year contracts in Spain and Colombia, with high levels of contribution.
The GDT Projects area recorded a one-off drop of 14% in sales due to temporary delays in execution, although it maintains a solid portfolio of €413 million with no significant cancellations.
Greater consistency and financial discipline
Operating profitability stood at an EBITDA margin of 13.7% on sales, the highest in the company's history in comparable terms, reflecting the repositioning towards higher value-added activities.
Net profit for the year was €10.2 million and includes an extraordinary accounting adjustment of -€18.5 million linked to the depreciation of the dollar in renewable infrastructure divested in the Dominican Republic. Without this non-recurring effect, the result would have amounted to €28.7 million, 10% higher than the previous year in comparable terms.
At the same time, the company reduced its net financial debt by 25% compared to 2024, to €136.6 million (0.9x EBITDA), which also represents a 34% reduction compared to the first half of the year.
Operating cash flow stood at €71.7 million, in line with guidance and 5.4% higher on a comparable basis.
Shareholder remuneration
In line with the improvement in its financial profile and recurring cash generation, DOMINION will propose to the General Meeting the distribution of €8 million in dividends during 2026, which represents an improvement on its ordinary policy and is equivalent to around 50% of profit from continuing operations.
A clearer model for a new phase
After completing the simplification of the group and reinforcing its strategic focus, DOMINION today presents a more defined model: a global project and services company focused on industrial sustainability, energy transition, and digitalization.
In 2026, the group will take a new step forward with the presentation of an updated Strategic Plan that will further develop its two main growth drivers: Global Dominion Environment and Global Dominion Tech-Energy.
