VDL Group Reports 5% Revenue Decline in 2025, Net Income Rises 83% Amid Bus Division Growth

VDL Group's revenue declined by 5% to €4.064 billion in 2025, while net income surged 83% to €121 million. The bus division grew by 6% to €538 million despite operating at a loss. A merger with Van Hool formed VDL Bus Group, enhancing production of electric buses. The company aims for growth in 2026, supported by a strong order book exceeding €2 billion, although geopolitical instability poses risks.

Published Mar 24, 2026

VDL Group reported a 5% revenue decline in 2025, totaling €4.064 billion, alongside an 83% increase in net income to €121 million. The bus division saw a 6% revenue increase to €538 million despite being loss-making.

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A merger with Van Hool formed VDL Bus Group, boosting electric bus production. The Supplies division experienced a 7% revenue decline but remains profitable. VDL's order book exceeds €2 billion, with expectations for growth in 2026, tempered by geopolitical risks. The company also made acquisitions in robotics and electronics, supporting its strategic goals.