FRIWO AG, an international provider of power supplies and charging technology, has achieved its annual targets for the 2025 financial year based on preliminary, unaudited figures. The company reported group revenue of 77.4 million euros, which falls within the planned target range of 75 to 85 million euros. This represents a significant decrease from the previous year's figure of 93.0 million euros, attributed to the application of accounting standards for revenue recognition (IFRS 15) and negative currency effects.
The company's financial performance showed notable improvements in key areas. Gross profit increased due to a significant reduction in manufacturing costs, efficiency gains across the value chain, and a more favorable product mix. EBIT (earnings before interest and taxes) developed as forecast, moving from losses in previous years to profitability. The consolidated result achieved a positive figure in the low double-digit million euro range, bolstered by one-off effects from the disposal of minority interests in the Indian joint venture and the sale of the DIN rail business.
Dominik Woeffen, CEO of FRIWO AG, described 2025 as "a year of transformation for FRIWO and a successful financial year, both strategically and economically." He emphasized that the comprehensive portfolio restructuring has significantly streamlined company structures and enhanced competitiveness, leading to a turnaround into profitability in terms of EBIT. Fellow board member Ina Klassen added that the company has financially restructured itself and now reports "a rock-solid balance sheet with an equity ratio of over 30%," compared to 5.3% in the previous year.
The company's Industrial Applications and Medical & Healthcare business segments performed well during the reporting period. Employee numbers continued to decline to 866 by year-end, down from 1,206 at the end of 2024, with approximately 90% of employees working at Vietnamese locations. FRIWO will publish its audited annual financial statements, annual report, and forecast for the 2026 financial year on April 23, 2026, with management presenting details in a conference call.
This development is significant for investors and industry observers as it demonstrates FRIWO's successful transition from financial challenges to a more stable position. The improved equity ratio from 5.3% to over 30% indicates substantially reduced financial risk and increased resilience. The company's strategic focus on streamlining operations and restructuring its portfolio appears to be yielding tangible results, positioning FRIWO for sustainable growth in the competitive power supply and charging technology market. Further information about the company can be found on the investor relations pages of FRIWO at www.friwo.com/en/about/investor-relations.
