FRIWO AG, an international provider of power supplies and charging technology, announced preliminary unaudited results for the 2025 financial year, confirming that it met its annual targets. Group revenue reached 77.4 million euros, within the forecast range of 75 to 85 million euros, though below the prior year's 93.0 million euros due to IFRS 15 revenue recognition effects and negative currency impacts. The company achieved a significant improvement in earnings, with EBIT turning positive after previous losses, driven by reduced manufacturing costs, efficiency gains, and a favorable product mix.
The financial restructuring, completed following the portfolio reorganization, has substantially strengthened the company's balance sheet. The equity ratio jumped to over 30%, compared to just 5.3% in the previous year. One-off effects from the disposal of minority interests in an Indian joint venture and the sale of the DIN rail business contributed to a consolidated result in the low double-digit million euro range.
Dominik Woeffen, CEO of FRIWO AG, 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." Ina Klassen, board member, 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 Industrial Applications and Medical & Healthcare business segments performed well during the year. Employee numbers continued to decline to 866 by year-end (from 1,206 at end of 2024), with approximately 90% based in Vietnam. The company will publish its audited annual financial statements, annual report, and forecast for 2026 on April 23, 2026. Further details will be presented in a conference call. More information is available on the investor relations pages at www.friwo.com/en/about/investor-relations.
