NN GROUP (NN) FY25 Operating Profit Up 12.3% to EUR 191.4M; Announces Reappointment of CFO

Net income for NN Group (NYSE: NN) in fiscal year 2025 rose 12.3% to EUR 191.4 million, driven by cost optimization and strong performance in its insurance segments. The company reported operating profit of EUR 191.4 million, up from EUR 170.5 million in FY2024. NN also announced the reappointment of Annemiek van Melick as Chief Financial Officer, effective immediately, to lead its financial strategy and execution. The results reflect continued resilience in a challenging macro environment, with revenue growth moderating to 3.2% year-over-year.