electrovac AG, a specialist in hermetic glass-to-metal packages for protecting safety- and system-critical electronics, announced significant growth in revenue and earnings for the 2025/2026 financial year based on preliminary figures. The company reported revenue of approximately EUR 118.0 million, up around 20% from EUR 98.2 million in the previous year. Earnings before interest and taxes (EBIT) rose by approximately 56% to EUR 14.2 million, compared to EUR 9.1 million in the prior year. The EBIT margin improved to 12.0% from 9.3%.
Adjusted for costs related to the initial public offering (IPO) during the period, EBIT reached approximately EUR 14.8 million, with an adjusted EBIT margin of 12.5%. The positive performance was primarily driven by increased demand in both strategic business areas—Personal Safety and Aerospace & Defence—as well as the successful expansion of production capacity at the plant in Thailand. The company also benefited from positive pricing effects.
Dieter Thumfart, CEO of electrovac, commented, “We are very pleased that the positive trend communicated in connection with our initial public offering in April has continued, driven in particular by a strong second half of the 2025/2026 financial year. Looking at the current financial year, this development continued as expected in the first quarter. Following our successful initial public offering, we are now ideally positioned to further expand our market share and strengthen our technological leadership in glass-to-metal packages for the Personal Safety and Aerospace & Defence business areas.”
In the first quarter of the 2026/2027 financial year, revenue reached approximately EUR 31.5 million, up about 14% year-on-year. The company recorded very strong order intake in the first quarter, particularly in the Aerospace & Defence sector and the Industrial sector, with book-to-bill ratios of 2.96 and 1.66, respectively.
electrovac AG will publish its full audited annual and consolidated financial statements for the 2025/2026 financial year on 14 August 2026 and will hold an earnings call at 11:00 a.m. CEST on the same day. The company, headquartered in Salzweg, Germany, employs about 550 people and operates four production sites in Germany, Austria, and Thailand, serving more than 250 customers worldwide. Its customized solutions are used in applications including Personal Safety systems (e.g., airbags and seatbelt components), Aerospace and Defence (satellite technology and military equipment), as well as Other Mobility and Industry. For more information, visit www.electrovac.com.
