Published by Global Banking & Finance Review®
Posted on October 23, 2025
2 min readLast updated: January 21, 2026
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Maire Engineering reports a 42% profit surge, driven by successful projects in the Middle East, with 2025 results expected at the top end of guidance.
(Reuters) -Italian engineering group Maire reported a nearly 42% jump in its nine-month net profit to 204.8 million euros ($238.8 million) on Thursday, boosted by a timely execution of projects in the Middle East and North Africa.
The company booked 5.8 billion euros worth of new orders in the first nine months of the year, bringing its order backlog to 13.9 billion euros. Revenue rose 26.7% to 5.23 billion euros in the same period.
The Milan-based group expects its annual revenue and profitability to reach the top end of the forecast ranges it had upgraded after the first half of the year.
"With an almost 14 billion euro backlog at the end of September and a strong pipeline of opportunities, we are well positioned to navigate evolving market dynamics and sustain a solid growth trajectory, also supported by NEXTCHEM's broad technology offering," CEO Alessandro Bernini said.
Maire subsidiary Nextchem provides technology services for companies tackling the energy transition.
Shares of the company dipped briefly after the results were published, but were back to trading marginally below Wednesday's closing price by 1040 GMT.
($1 = 0.8575 euros)
(Reporting by Laura Contemori in Gdansk; Editing by Milla Nissi-Prussak)
Net profit is the amount of money that remains after all expenses, taxes, and costs have been subtracted from total revenue. It is a key indicator of a company's profitability.
An order backlog is a list of orders received by a company that have not yet been fulfilled. It indicates future revenue potential and demand for the company's products or services.
Revenue growth refers to the increase in a company's sales over a specific period. It is often expressed as a percentage and indicates the company's ability to expand its business.
Technology in finance enhances efficiency, reduces costs, and improves customer experience. It includes tools like software for financial management, digital payment systems, and data analytics.
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