FRIWO Achieves 2025 Targets with Significant Earnings Improvement and Strengthened Financial Position

FRIWO, an international product and system provider of power supplies and charging technology, has achieved its annual targets for the 2025 financial year based on preliminary, unaudited figures. Group revenue for the reporting year stood at €77.4 million, within the planned target range of €75 to €85 million, though significantly below the previous year’s figure of €93.0 million. This reduction was attributed to the application of accounting standards for revenue recognition (IFRS 15) and negative currency effects. The Industrial Applications and Medical & Healthcare business segments performed well, contributing to the overall results.

Gross profit improved due to a significant reduction in manufacturing costs, noticeable efficiency gains across the entire value chain, and a more favorable product mix. EBIT (earnings before interest and taxes) developed as forecast, moving from a loss in previous years to a profit. Thanks to one-off effects from the disposal of minority interests in a joint venture in India and the sale of the DIN rail business, a positive figure in the low double-digit million euro range was achieved in the consolidated result. Adjusted comparable EBIT exceeded the company’s own forecast, achieving a clearly positive figure.

Dominik Woeffen, CEO of FRIWO AG, commented that 2025 was a year of transformation and a successful financial year, both strategically and economically, marked by a comprehensive and successfully completed portfolio restructuring. This restructuring streamlined structures and enhanced competitiveness, leading to a turnaround into profitability in terms of EBIT in 2025. Fellow board member Ina Klassen added that the company has financially restructured and is reporting a rock-solid balance sheet with an equity ratio of over 30%, up from 5.3% the previous year, following the completion of financial restructuring after portfolio reorganisation.

On this strengthened financial basis, FRIWO aims to develop into a sustainably profitable and growing technology group. The number of employees declined to 866 by the end of the year, down from 1,206 at the end of 2024, with approximately 90% continuing to work at the Vietnamese locations. FRIWO will publish its audited annual financial statements, annual report, and forecast for the new financial year 2026 on April 23, 2026, with details to be presented by the Management Board in a conference call. Further information about the company can be found on the investor relations pages of FRIWO at https://www.friwo.com/en/about/investor-relations.