FRIWO, an international provider of power supplies and charging technology, announced that it has met its 2025 financial targets based on preliminary unaudited figures. Group revenue reached €77.4 million, within the planned range of €75-85 million, though below the prior year's €93.0 million due to IFRS 15 revenue recognition effects and negative currency impacts. The Industrial Applications and Medical & Healthcare segments performed well. Gross profit improved significantly from reduced manufacturing costs, efficiency gains, and a better product mix.
Adjusted comparable EBIT exceeded the company's own forecast, turning positive after previous years of losses. One-off gains from the sale of minority interests in the Indian joint venture and the DIN rail business contributed to a consolidated result in the low double-digit million euro range. The financial restructuring following the portfolio reorganization is complete, with the equity ratio jumping to over 30% from 5.3% in the prior year. The number of employees declined to 866 by year-end, with approximately 90% based in Vietnam.
CEO Dominik Woeffen stated: "2025 was a year of transformation for FRIWO and a successful financial year, both strategically and economically. It was marked by a comprehensive and successfully completed portfolio restructuring, which has significantly streamlined our structures and made us more competitive. This already led to a turnaround into profitability in terms of EBIT in 2025." Board member Ina Klassen added: "We are proud that we have financially restructured our company and are once again reporting a rock-solid balance sheet with an equity ratio of over 30%. On this basis, we will develop FRIWO into a sustainably profitable and growing technology group."
The audited annual financial statements, annual report, and 2026 forecast will be published on April 23, 2026. Further information is available on the investor relations pages of FRIWO.
