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, within the planned range of €75-85 million, though below the prior year's €93.0 million due to IFRS 15 revenue recognition standards and negative currency effects. The Industrial Applications and Medical & Healthcare segments performed well, with gross profit improving from reduced manufacturing costs, efficiency gains across the value chain, and a more favorable product mix.
EBIT turned from a loss in previous years to a profit, exceeding the company's own forecast. The consolidated result was positively impacted by one-off effects from the disposal of minority interests in the Indian joint venture and the sale of the DIN rail business. 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."
CFO 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, highlighting the impact of the portfolio reorganisation. Employee numbers declined to 866 by year-end (2024: 1,206), with about 90% still working at Vietnamese locations.
The audited annual financial statements, annual report, and 2026 forecast will be published on April 23, 2026. Further details are available on the investor relations pages at www.friwo.com/en/about/investor-relations.
