FRIWO, an international provider of power supplies and charging technology, announced preliminary, unaudited results for the 2025 financial year, confirming it met its targets. Group revenue reached 77.4 million euros, within the planned range of 75 to 85 million euros, though below the prior year's 93.0 million euros. The decline was expected due to the application of IFRS 15 revenue recognition standards and negative currency effects. The Industrial Applications and Medical & Healthcare segments performed well, and gross profit improved from reduced manufacturing costs, efficiency gains, and a better product mix.
EBIT turned positive, moving from a loss in previous years to a profit, exceeding the company's own forecast. The consolidated result included one-off effects from the disposal of minority interests in the Indian joint venture and the sale of the DIN rail business, resulting in a positive figure in the low double-digit million euro range. Financial restructuring, following a comprehensive portfolio reorganization, strengthened the balance sheet, with the equity ratio jumping to over 30% from 5.3% in the previous year.
Dominik Woeffen, CEO of FRIWO AG, stated: “2025 was a year of transformation for FRIWO and a successful financial year, both strategically and economically. It was marked by a comprehensive and successfully completed portfolio restructuring, which has significantly streamlined our structures and made us more competitive. This already led to a turnaround into profitability in terms of EBIT in 2025.” Ina Klassen, board member, added: “We are proud that we have financially restructured our company and are once again reporting a rock-solid balance sheet with an equity ratio of over 30%. On this basis, we will develop FRIWO into a sustainably profitable and growing technology group.”
The workforce declined to 866 employees by year-end from 1,206 at the end of 2024, with approximately 90% based in Vietnam. FRIWO will publish its audited annual financial statements, annual report, and 2026 forecast on April 23, 2026, with details to be presented in a conference call. Further information is available on the investor relations page at www.friwo.com/en/about/investor-relations.
The company's transformation into a sustainably profitable and growing technology group is underscored by its improved financial position and operational focus. The successful restructuring and return to profitability position FRIWO for future growth in its core segments.
