electrovac AG, a specialist in hermetic glass-to-metal packages for protecting safety- and system-critical electronics, has reported significant growth in revenue and earnings for the 2025/2026 financial year based on preliminary figures. The company'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 about 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 amounted to around EUR 14.8 million, with an adjusted EBIT margin of 12.5%. The positive development was primarily attributed to 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. electrovac also benefited from positive pricing effects.
Dieter Thumfart, CEO of electrovac, commented: "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. Following our successful initial public offering, we are now ideally positioned to further expand our market share and strengthen our technological leadership in glass-to-metal packages for the Personal Safety and Aerospace & Defence business areas."
In the first quarter of the current 2026/2027 financial year, revenue reached around EUR 31.5 million, approximately 14% above the previous-year level. The company recorded very strong order intake, particularly in the Aerospace & Defence sector, but also in the Industrial sector, with book-to-bill ratios of 2.96 and 1.66, respectively.
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 electrovac, visit www.electrovac.com.
