Nagarro SE reports Q2 results; updates FY outlook

* Nagarro SE press release [https://seekingalpha.com/pr/20200550-nagarro-releases-unaudited-q2-2025-results-posts-4_7-percent-yoy-revenue-growth-in-constant] (OTCPK:NGRRF [https://seekingalpha.com/symbol/NGRRF]): Q2 net profit declined to €8.3 million in Q2 2025 against €12.0 million in Q2 2024
* Revenue of €252M (+3.2% Y/Y). Constant currency YoY revenue growth for Q2 2025 was 4.7%. Organic YoY revenue growth for the quarter was 3.8% in constant currency, which translated to 2.4% organic YoY revenue growth in Euro terms.
* Consequently, Adjusted EBITDA for Q2 2025 was €30.5 million (12.1% of revenue), against €35.5 million (14.5% of revenue) in Q2 2024.
* A dividend of €1.00 per share amounting to €12.6 million (13.1% of 2024 EBIT) has been declared during the Annual General Meeting held on June 30, 2025.
*
UPDATE ON GUIDANCE

"On January 23, 2025, we had projected Nagarro's revenue for 2025 to be between €1,020 and €1,080 million, when calculated at the currency exchange rates then prevailing. We now expect Nagarro's revenue for 2025 to come near the lower end of that guidance. We targeted gross margin in the region of 30%, as compared to 30.4% in 2024. Furthermore, we hold to this expectation of gross margin. We targeted the Adjusted EBITDA margin to be between 14.5% and 15.5%, compared to 15.2% in 2024. Despite strong underlying operational performance of the company, the revaluation loss on intercompany loans and cash holdings because of the weakening of the US dollar against the Euro is currently expected to lead the Adjusted EBITDA margin to be between 13.5% and 14.5%."

MORE ON NAGARRO SE

* Nagarro - Taking A Small Position Below €60/Share [https://seekingalpha.com/article/4793783-nagarro-taking-small-position-below-60-share]
* Nagarro SE (NGRRF) Q1 2025 Earnings Conference Call Transcript [https://seekingalpha.com/article/4787668-nagarro-se-ngrrf-q1-2025-earnings-conference-call-transcript]
* Nagarro SE 2025 Q1 - Results - Earnings Call Presentation [https://seekingalpha.com/article/4787636-nagarro-se-2025-q1-results-earnings-call-presentation]
* Historical earnings data for Nagarro SE [https://seekingalpha.com/symbol/NGRRF/earnings]
* Dividend scorecard for Nagarro SE [https://seekingalpha.com/symbol/NGRRF/dividends/scorecard]