Schweizer Electronic AG Reports 2024 Results and 2025 Outlook

Schweizer Electronic AG announced a record turnover of EUR 144.5 million in 2024, marking an increase from EUR 139.4 million the previous year. This growth is attributed to the start of series production of chip embedding technology, in partnership with Infineon Technologies AG, boosting automotive sales by 18.7% to EUR 117.4 million. Despite successes in automotive, non-mobility sales saw a decline of 33.0%, reflecting an economic slowdown in Germany.

Sales with strategic partners rose by 49.4% to EUR 68.2 million, while in-house production sales decreased by 18.6%. The overall EBITDA dropped to EUR -0.3 million. Looking ahead, Schweizer forecasts 2025 sales between EUR 130 million and EUR 165 million, with an EBITDA range of EUR 3 million to EUR 8 million. The company plans to continue cost management and expand its customer base to mitigate market risks.