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DOMINION Q3 2025 results: Patricia Berjón analyses EBITDA growth and financial strength

29/10/2025

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Patricia Berjón, Director of Corporate Development at DOMINION, discusses the company's results for the first nine months of 2025 in an interview with Estrategias de Inversión. She highlights 9% organic growth at constant currency, EBITDA margins above 13%, a stronger balance sheet and progress in the 2023–2026 Strategic Plan, alongside new acquisitions in the environmental sector.

Patricia Berjón, Director of Corporate Development at DOMINION, analysed the results for the first nine months of 2025 in an interview with Estrategias de Inversión, a period marked by operational strength and the disciplined execution of the 2023–2026 Strategic Plan.

Berjón highlighted the positive performance of EBITDA and turnover, with double-digit growth, and a significant financial milestone: net debt equivalent to one times EBITDA, reflecting a leaner and more efficient balance sheet.

Organic growth and operational resilience

Despite the global context of uncertainty, DOMINION has recorded organic growth of 9% at constant currency, almost double the target set out in its strategic plan, and maintains historic margins, with EBITDA exceeding 13% of sales.

‘Growth in operating margin and turnover are the main drivers of these results,’ said Berjón, highlighting the key role of recurring businesses, especially Services and Global Dominion Environment (GDE).

One-off impact of the dollar and comparable net profit

Net profit was affected by the depreciation of the dollar following the divestment of photovoltaic assets in the Dominican Republic, with an accounting impact of €16 million.
Without this extraordinary effect, comparable net profit would have reached €22.1 million, 40% more than in 2024.

Progress in sustainability and new acquisitions

During the third quarter, DOMINION completed three bolt-on acquisitions —two in Spain and one in Germany— in the environmental area, strengthening its position in the circular economy, waste management and industrial decarbonisation.

Looking ahead to the coming months, the company is focused on completing its transformation and continuing to advance towards the objectives of the 2023–2026 Plan, with its sights set on its next strategic cycle.

You can read the full interview with Estrategias de Inversión here.

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