Nearing Visabeira announced this Thursday, 26th, year-on-year growth of 18% in 2025, reaching a pro-forma consolidated turnover of around 2.2 billion euros, driven by the integration of recent acquisitions and expansion in the USA and the United Kingdom.
The group, which specializes in engineering for the telecommunications and energy sectors and has a minority stake in Goldman Sachs Alternatives, says the energy segment represented around 45% of the business (billions), while telecommunications grew 20% to 1.2 billion euros, with relevant contributions from the UK and the US. Together, these two markets produced 1.2 billion — about 55% of the total.
The pro-forma recurring EBITDA exceeded 240 million, translating a margin of around 11% and an increase of more than 30% compared to 2024, according to the company. THE backlog ended 2025 above 5.2 billion, offering “high visibility for the coming years”, says the statement.
On the other hand, Nearing Visabeira maintained an investment program of around 37 million in 2025, mainly aimed at strengthening operational capacity in the USA. The group also highlights a capital increase from Goldman Sachs, with a new commitment of 50 million and a enterprise value exceeding two billion — a value that, according to the company, has doubled in the last four years.
According to Nuno Terras Marques, CEO of Nearing Visabeira, “2025 was a year of acceleration and maturity for the group, marked by consistent organic growth, improved profitability and consolidation of our international presence.” He adds that the company is implementing artificial intelligence projects to optimize processes and increase productivity.
Nearing Visabeira points to France, Belgium and Southern Europe (Portugal, Italy and Spain) as responsible for 15–20% each of turnover, while Germany, Denmark and Sweden contributed around 10%.
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