FRIWO AG

Latest Results (06.11.2025):

For nine months of 2025, FRIWO AG reported solid financial progress amid challenging market conditions. The company achieved a revenue of 61.0 million euros, supported by one-off effects from strategic portfolio divestments, transforming its EBIT from a loss of 2.9 million euros in the prior year to a reported 12.6 million euros. With earnings after taxes rising to 8.7 million euros and robust order intake of 65.5 million euros, FRIWO AG has reinforced its strategy and provided an outlook for full-year 2025 with revenues expected between 75 and 85 million euros and a balanced operating EBIT.

Revenue Dynamics

FRIWO AG’s nine-month revenue reached 61.0 million euros in 2025, noting an expected impact from the application of IFRS 15, which reduced reported revenue by 6.8 million euros relative to the previous year. Despite this, the improved gross profit—driven by lower personnel and material costs and an optimized product mix—underscored the company’s operational resilience.

EBIT and Earnings Turnaround

The reported EBIT improved dramatically from a loss of 2.9 million euros in the previous nine months to 12.6 million euros in 2025, largely due to one-off gains from divestments. Adjusted for these effects, the comparable EBIT reached 1.0 million euros, while earnings after taxes swung from -5.7 million euros to a healthy 8.7 million euros, marking a strong financial turnaround.

Order Intake and Outlook

An order intake of 65.5 million euros, combined with a solid order backlog, has bolstered FRIWO AG’s medium-term outlook. The management now projects full-year 2025 revenues between 75 and 85 million euros with a balanced operating EBIT, signaling continued strategic advancement despite a challenging economic backdrop.

Balance Sheet and Cost Optimization

Alongside operational achievements, FRIWO AG made significant progress in financial restructuring. Total assets declined as a result of portfolio sales and debt reduction, while equity notably increased to 9.7 million euros, improving the equity ratio. Additionally, operational efficiency was enhanced by reducing personnel numbers and associated costs, setting a strong foundation for future growth.