on Cardea Holding GmbH (ETR:CEA)
FRIWO AG Revises 2026 Forecast and Plans Market Segment Shift
FRIWO AG, a global power supplies provider, has adjusted its 2026 financial forecast downward due to ongoing weak demand from key customers. The revised revenue estimate for 2026 stands at approximately 60 million euros, down from the previously projected 67 to 77 million euros. The company now anticipates a negative EBIT in the low single-digit million-euro range, a shift from the earlier forecast of slightly positive EBIT. The downturn is notably affecting their E-Mobility and Transportation sectors.
Despite the challenges, FRIWO's order intake in the first half of 2026 was encouraging, with figures reaching 44.9 million euros and a book-to-bill ratio exceeding 1.6. The firm expects a business uptick later in the year, although geopolitical tensions and supply chain delays have postponed some activities to 2027.
Moreover, FRIWO plans to move its stock listing from the regulated market to the Scale segment of the Open Market on the Frankfurt Stock Exchange by the end of 2026. This strategic shift is aimed at reducing costs and administrative tasks while retaining a capital market presence.
R. E.
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