Shelly Group Reports 29% Increase in H1 2025 Sales Revenues

Shelly Group SE has announced a preliminary increase in consolidated sales revenues for the first half of 2025. The company reported a rise of approximately 29% in sales, totaling around EUR 53.9 million (BGN 105.4 million). This performance aligns with the company's expectations for this period.

The growth in sales is notably driven by Shelly devices and related services. Despite the challenges posed by ongoing tariff disputes, particularly in the United States, Shelly Group anticipates minimal impact on its sales and earnings. The US market, while growing, currently represents a small fraction of the company’s overall sales revenues.

Shelly Group plans to release its unaudited financial results for H1 2025 on August 13, 2025, following the close of trading. Further details will be available on their corporate website.