Decreasing Revenues at Masterplast

In the second quarter of 2025, the construction industry environment showed signs of mild recovery in certain segments, which is an encouraging sign for the future. However, on the markets relevant to Masterplast, no significant increase in demand was observed yet, most of the growth expected in the next quarter. As a result, the company’s revenue decreased by 6% compared to the same period last year, Masterplast says in its half-yearly report published on the website of the Budapest Stock Exchange.

The focus remained on efficient operations, which enabled sustainable and profitable performance even under subdued market conditions and lower capacity utilization. Masterplast maintained its income-generating ability, with second-quarter EBITDA reaching the base level despite the lower revenue, thanks in part to organizational restructuring and other efficiency-enhancing measures. Adverse exchange rate movements, similarly to the base period, resulted in financial losses for Masterplast, leading to a net loss in the second quarter of 2025.

Masterplast’s existing thermal insulation material capacities and the upcoming launch of its glass wool production place it in an exceptionally trong position to capitalize on emerging growth opportunities in the construction sector. The EU’s energy efficiency targets guarantee significant market potential in both the renovation and new construction segments.

At both the national and European levels, economic programs are beginning to take shape that indicate a sustained recovery in the construction sector over the coming periods. For the second half of the year, Masterplast is targeting meaningful profit generation driven by increasing turnover and continued operational efficiency.