Steyr Motors AG reported preliminary 2025 revenue of €48.5 million, representing a 16.4% increase from the previous year's €41.7 million, meeting its revised forecast targets. The company's adjusted EBIT reached €7.0 million, corresponding to a 14.5% margin, while reported EBIT was €5.8 million with an 11.9% margin, with differences attributed to one-time M&A consulting costs and capital market effects.
Growth was driven by both Civil and Defense segments, with Civil revenue totaling €19.6 million and Defense revenue reaching €28.8 million. The company's performance was characterized by international market expansion and supply chain efficiency improvements, with new contracts generating sales potential exceeding the previously communicated order backlog.
Strategic framework agreements with partners including Rheinmetall Landsysteme GmbH and Laborde Products Inc. strengthened the company's international presence. A multi-year agreement with Asian distributor Trysun guarantees a minimum volume of 750 engines by 2030 for the marine market, while a new joint venture in China enables additional growth without capital investment and may lead to local production.
The company's C2 emissions certification, announced in September 2025, opens revenue potential of at least €100 million in the world's largest shipbuilding market. Additional growth steps include successful market entry in Poland, new marine supply agreements in Europe and Asia, a significant new customer order from India, expanded US customer acquisition, and increased presence in the MENA region.
Steyr Motors has established a new business segment focused on mobile power generation, with projected cumulative revenue exceeding €100 million by 2030. These power units are tailored for mission-critical defense scenarios including anti-drone defense systems, military energy solutions, and base camps, with series production scheduled to begin in the second half of 2026.
The company has identified new opportunities in the US for supplying engines for unmanned surface vehicles (USVs), positioning itself in a promising defense market. These unmanned watercraft are used for reconnaissance, surveillance, patrols, and mine detection and clearance operations.
With an order backlog exceeding €300 million providing visibility through 2030 and additional opportunities beyond current budget exceeding €500 million, the company expects significant business expansion. CEO Julian Cassutti commented that after delays in two revenue-related framework agreements last year, accelerated growth is expected in 2026 accompanied by increased profitability.
For the 2026 financial year, management expects revenue to increase to €75-95 million with an EBIT margin of at least 15%. Growth will be driven by intensified sales and marketing activities in Asia, the MENA region, and North America, along with momentum from the new mobile energy generation business and expansion in unmanned watercraft. The company also expects to complete M&A transactions in 2026 as part of its inorganic growth strategy.
The medium-term forecast for 2027 remains unchanged from previously communicated strategic planning. On February 4, 2026, CEO Julian Cassutti will present at the 15th Hamburg Investor Days, with registration available through the company's investor relations portal. The audited annual report for 2025 will be published on March 6, 2026.
