FRIWO, an international provider of power supplies and charging technology, announced preliminary unaudited results for the 2025 financial year, confirming it met its annual targets. Group revenue reached 77.4 million euros, within the guided range of 75 to 85 million euros, though significantly below the prior year's 93.0 million euros due to IFRS 15 revenue recognition effects and negative currency impacts. The Industrial Applications and Medical & Healthcare segments performed well, while gross profit improved from reduced manufacturing costs, efficiency gains, and a better product mix.
EBIT turned positive, moving from a loss in previous years to a profit, driven by one-off gains from the disposal of minority interests in the Indian joint venture and the sale of the DIN rail business. The consolidated result showed a positive figure in the low double-digit million euro range. CEO Dominik Woeffen stated: '2025 was a year of transformation for FRIWO and a successful financial year, both strategically and economically. It was marked by a comprehensive and successfully completed portfolio restructuring, which has significantly streamlined our structures and made us more competitive. This already led to a turnaround into profitability in terms of EBIT in 2025.'
Board member Ina Klassen added: 'We are proud that we have financially restructured our company and are once again reporting a rock-solid balance sheet with an equity ratio of over 30%. On this basis, we will develop FRIWO into a sustainably profitable and growing technology group.' The equity ratio surged to over 30% from 5.3% in the prior year, reflecting the successful financial restructuring. Employee numbers declined to 866 by year-end (down from 1,206 at end of 2024), with about 90% based in Vietnam.
The audited annual financial statements, annual report, and 2026 forecast will be published on April 23, 2026, with a conference call for details. Further information is available on the investor relations pages at www.friwo.com/en/about/investor-relations.
