on FORTEC Elektronik Aktiengesellschaft (ETR:FEV)
FORTEC Elektronik AG's 2024/2025 Financial Performance Aligns with Adjusted Forecast
FORTEC Elektronik AG has reported preliminary figures for the 2024/2025 financial year, aligning with their adjusted forecast despite challenging market conditions. The company recorded a group turnover of approximately EUR 79.7 million, marking a 16% decrease from the previous year's EUR 94.5 million. Earnings before interest and taxes (EBIT) also declined significantly to EUR 1.9 million, compared to EUR 7.1 million last year, resulting in an EBIT margin of 2.3%, down from 7.5%.
The company attributes its financial performance to geopolitical uncertainties and a cautious investment approach from customers. However, FORTEC managed to meet the upper end of its revised earnings forecast, with a group EBIT of EUR 1.9 million, amidst an order book value of EUR 50 million as of June 30, 2025.
R. P.
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