BRÈVE

sur Cardea Holding GmbH (ETR:CEA)

FRIWO Meets 2025 Targets, Strengthens Financial Position

FRIWO AG, a key player in power supplies and charging technology, has achieved its 2025 targets according to preliminary figures. The company reported a group revenue of 77.4 million euros, aligning with the target range of 75-85 million euros. This marks a significant drop from the previous year's 93.0 million euros, influenced by accounting standards for revenue recognition and adverse currency effects.

The company's EBIT has turned from a loss to a profit, exceeding forecasts. Financial restructuring boosted its equity ratio to over 30%, up from 5.3% the previous year. These efforts were supported by effective portfolio reorganisation and cost reduction measures. Business segments such as Industrial Applications and Medical & Healthcare performed well, contributing to gross profit improvements.

FRIWO sees 2025 as a transformative year, achieving profitability and enhanced competitiveness through strategic restructuring. The firm reduced its workforce to 866 employees, with a significant majority based in Vietnam.

R. P.

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