Bertrandt AG

Latest Results (09.11.2025):

Bertrandt AG’s 9‑month interim report for fiscal 2024/2025 (covering the period from 1 October 2024 to 30 June 2025, which includes Q1 through Q3) shows a challenging overall performance. The consolidated financials reveal a decline in total revenues and a negative EBIT compared to the previous fiscal period. Although the company is actively executing its ‘Fit for Future’ cost optimization programme—with measures such as short-time working and staff reductions—some segments delivered mixed results. The Digital and Physical Engineering segments faced significant EBIT deterioration, while the Electrical Systems/Electronics segment showed some improvement. These results come against a backdrop of macroeconomic headwinds in the automotive sector and project delays impacting overall performance.

Revenue Decline

In the first nine months of fiscal 2024/2025, Bertrandt AG reported consolidated total revenues of EUR 741.983 million, down from EUR 921.555 million in the same period of the previous fiscal year. Specifically, Q3 revenues decreased to EUR 225.580 million from EUR 294.665 million.

Negative EBIT Performance

The consolidated EBIT for the nine‑month period was EUR -38.937 million compared to a positive EUR 15.034 million in the previous period. Q3 EBIT further declined to EUR -24.558 million versus EUR -6.925 million, reflecting significant operational challenges.

Segment-Specific Outcomes

Within the segments, Digital Engineering saw revenues increase substantially from EUR 470.629 million to EUR 1,340.057 million, but EBIT turned negative, falling from EUR 11.138 million to EUR -24.026 million. Physical Engineering recorded revenues at EUR 156.974 million (down from EUR 196.569 million) and more negative EBIT (EUR -22.110 million vs. EUR -18.346 million), while Electrical Systems/Electronics improved its EBIT figure despite a revenue increase from EUR 324.306 million to EUR 1,337.828 million.

Cost-Saving Measures & Outlook

Bertrandt AG has implemented its ‘Fit for Future’ earnings optimization programme, including cost-saving measures such as short-time working and staff reductions, which are expected to deliver annual savings between EUR 70–90 million in the medium to long term. Despite the current uncertainties in the automotive sector and delays in specific project decisions, the underlying demand for the company’s R&D services remains robust.