electrovac AG (ISIN DE000A420ZL4), a specialist in hermetic glass-to-metal packages for protecting safety- and system-critical electronics, announced significant growth in revenue and earnings based on preliminary figures for the 2025/2026 financial year ended 31 March 2026. The Group's revenue increased by approximately 20% year on year to around EUR 118.0 million, up from EUR 98.2 million in the previous year. Earnings before interest and taxes (EBIT) rose by around 56% to approximately EUR 14.2 million, compared to EUR 9.1 million in the prior year. The EBIT margin improved to 12.0% from 9.3%. Adjusted for costs related to the initial public offering during the reporting period, EBIT stood at around EUR 14.8 million, with an adjusted EBIT margin of 12.5%.
The positive development was primarily driven by increased demand in both strategic business areas, Personal Safety and Aerospace & Defence, as well as the successful expansion of production capacity at the plant in Thailand. The company also benefited from positive pricing effects. Dieter Thumfart, CEO of electrovac, stated: 'We are very pleased that the positive trend communicated in connection with our initial public offering in April has continued, driven in particular by a strong second half of the 2025/2026 financial year. Looking at the current financial year, this development continued as expected in the first quarter.'
In the first quarter of the current 2026/2027 financial year, revenue reached approximately EUR 31.5 million, up about 14% year on year. The company recorded very strong order intake, particularly in the Aerospace & Defence sector and the Industrial sector, with book-to-bill ratios of 2.96 and 1.66, respectively. This indicates robust future demand and positions electrovac for continued growth.
electrovac AG will publish its full audited annual and consolidated financial statements for the 2025/2026 financial year on 14 August 2026 and will hold an earnings call at 11:00 a.m. CEST on the same day. For more information about the company and its products, visit www.electrovac.com.
The implications of this announcement are significant for investors and the electronics protection industry. electrovac's strong financial performance underscores the growing importance of hermetic packaging solutions in safety-critical applications, such as airbags, seatbelt components, satellite technology, and military equipment. The company's ability to expand production capacity in Thailand and achieve a 20% revenue growth demonstrates successful execution of its growth strategy. With a strong order book in high-growth sectors like Aerospace & Defence and Industrial, electrovac is well-positioned to capitalize on increasing demand for reliable electronic protection. The adjusted EBIT margin of 12.5% indicates operational efficiency, while the positive pricing effects suggest pricing power in niche markets. As the company transitions from its IPO phase, these preliminary results provide a solid foundation for future performance and may attract further investor interest.
