- 2025 revenue €4.5bn, EBITDA €1.4bn (31% margin), net debt down €304m to €3.2bn, employees >12,000.
- Investments €747m in 2025 focused on air separation plants in the US, China and Vietnam, on-site plants, CO2 production facilities and cylinder filling plants in Europe.
- 2024 strategic investments in US helium facilities and reserves strengthened procurement and operational flexibility.
- 2026 outlook: currency-adjusted revenue and EBITDA expected to increase, with sustained high investments in growth regions and technologies and a slight rise in net debt.
Financial results 2025
Messer reported revenue of €4.5bn and EBITDA of €1.4bn (31% margin); net debt fell €304m to €3.2bn, cash flow was strong and headcount exceeded 12,000.
Investments and capacity
Investments amounted to €747m in 2025, focused on new and modernized production: air separation plants (US, China, Vietnam), on‑site plants, CO2 production and cylinder filling plants in Europe, plus technologies for process decarbonization; 2024 investments in US helium facilities and reserves improved procurement and flexibility.
Regional performance
Using a local‑for‑local approach, all regions grew on a currency‑adjusted basis: Asia gained in electronics, battery materials and steel despite Chinese deflation; Europe saw demand from food & beverage and medical gases; the Americas grew in aerospace, electronics and food & beverage.
Innovation and outlook
R&D targets decarbonization, green hydrogen at customer sites and process digitalization to raise efficiency and sustainability; for 2026 Messer expects currency‑adjusted revenue and EBITDA growth, sustained high investments in high‑growth regions and technologies, and a slight increase in net debt.
