EDAG Engineering Group AG Revises 2025 Outlook Amidst Industry Challenges

EDAG Engineering Group AG, a leading engineering service provider in the automotive sector, announced preliminary results for the first half of 2025. Revenue reached 366.7 million euros. However, the adjusted EBIT was -7.6 million euros, resulting in a margin of -2.1%. Post-tax earnings were down to -10.2 million euros.

The automotive industry's ongoing weakness largely contributed to these figures. A significant market rebound is not anticipated in the latter half of the year, which has impacted project orders and capacity utilization, leading to negative financial outcomes. In response, EDAG has initiated restructuring measures worth 30 million euros. These include productivity enhancements, efficiency improvements, and expanding its Global Delivery capabilities.

Consequently, EDAG revised its forecasts for 2025, projecting a revenue decline of up to 15% and an adjusted EBIT margin of approximately -3%. The company will release a full financial report for H1 2025 on August 28, 2025.