Earnings & Results
SPIE Reports €8.04 Billion Nine-Month Revenue as Q3 Organic Growth Reaches 4.7%
By News Desk ·
Key takeaways
- SPIE's nine-month 2026 revenue reached €8.04 billion, up 7% year over year, with organic growth of 2.3%.
- Q3 organic growth came in at 4.7%, and acquisitions added 4.8% to nine-month revenue.
- SPIE issued a €500 million bond at a 4.875% coupon and redeemed most of its ORNANEs, issuing about 3.5 million shares.
SPIE reported nine-month 2026 revenue of €8.04 billion, up 7% year over year, and reaffirmed its 2026 outlook. TradingView reported the figures on October 30, 2026. SPIE is the independent European leader in multi-technical services, designing, installing and maintaining technical infrastructure for energy, communications, industrial and building clients across more than 15 countries.
SPIE's Organic Growth and Bond Refinancing
Organic growth for the nine months was 2.3%, while third-quarter organic growth reached 4.7%. Acquisitions contributed 4.8% to nine-month revenue.
SPIE completed a €500 million bond at a 4.875% coupon and redeemed most of its ORNANEs. The company issued about 3.5 million shares, a dilution of 2.0%.
SPIE's Bond and Acquisition Record
According to akta.pro company records, SPIE placed a €600 million sustainability-linked five-year bond at a 3.875% coupon in May 2026, significantly oversubscribed, with proceeds earmarked for bolt-on acquisitions and group expansion. In March 2026 the company agreed to acquire approximately 99% of ROFA Industrial Automation AG, with €430 million in revenue and 1,200 employees, and SGS Industrial Services Group, with €180 million in revenue and 800 employees, both in Germany, plus INVIZO in Slovakia and BLOCK Group in Czech Republic, together representing about €667 million of acquired annual revenue. The same records show record 2025 revenue of €10.38 billion, up from €9,901 million in 2024, and an EBITA margin of 7.6% in 2025.
SPIE's Path to the Nine-Month Update
On October 20, 2026, SPIE completed the refinancing of its ORNANEs due January 2028, issuing a €500 million sustainability-linked bond with a 4.875% coupon and leaving liquidity above €1.5 billion, GlobeNewswire reported. On October 5, 2026, SPIE announced the acquisition of 94% of CLAUSER, a family-owned industrial maintenance and high-power electrical installations company founded in 1963 that generated about €22 million in revenue in 2025, according to Yahoo. On September 22, 2026, SPIE launched a repurchase invitation for its 2028 ORNANEs targeting up to €388 million and announced early redemption on October 22, 2026, Yahoo reported.
SPIE's Early Redemption Date
SPIE's early redemption of its 2028 ORNANEs was announced for October 22, 2026, per the September 22, 2026 announcement reported by Yahoo.