Technotrans SE Reports 10% Increase in Revenue for 2023 and Reaffirms Goals for 2025

technotrans SE announced a 10% increase in its consolidated revenue for the financial year 2023, achieving €262.1 million. Despite facing temporary challenges, the company maintained an EBIT margin of 5.4%, with EBIT standing at €14.2 million. A noticeable upturn in free cash flow to €12.8 million was reported, reflecting a substantial year-over-year improvement. This performance aligns with the company's strategic projections for 2025, underpinned by significant market gains, particularly in the Energy Management sector, which saw revenue surge by 76%.

Amidst this positive financial landscape, Peter Hirsch is set to depart from his executive role, an exit mutually agreed upon, further streamlining technotrans SE's management. With core strategies for 2025 being reaffirmed, the company anticipates focusing more on modularization and market-specific expansions. Revenue for the upcoming year is projected to be between €245 million and €270 million, aiming for an enhanced EBIT margin and ROCE. This outlook remains optimistic, despite expectations of ongoing geopolitical tensions potentially influencing the global economic climate and investment dispositions. technotrans is committed to refining its strategic focus to boost profitability, emphasizing market-oriented development.