FRIWO, an international product and system provider of power supplies and charging technology, announced on March 25, 2026, that it has achieved its annual targets for the 2025 financial year, based on preliminary, unaudited figures. Group revenue stood at 77.4 million euros, within the planned target range of 75 to 85 million euros, though significantly below the previous year’s 93.0 million euros due to the application of IFRS 15 revenue recognition standards and negative currency effects.
The company reported that the Industrial Applications and Medical & Healthcare business segments performed well. Gross profit improved thanks to a significant reduction in manufacturing costs, efficiency gains across the value chain, and a more favorable product mix. EBIT moved from a loss in previous years to a profit, and due to one-off effects from the disposal of minority interests in the joint venture in India and the sale of the DIN rail business, the consolidated result achieved a positive figure in the low double-digit million euro range.
“2025 was a year of transformation for FRIWO and a successful financial year, both strategically and economically,” said Dominik Woeffen, CEO of FRIWO AG. “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.” His fellow 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 financial restructuring followed a portfolio reorganization that included the disposal of non-core assets. As a result, the equity ratio surged to over 30%, compared to 5.3% in the previous year. The number of employees declined to 866 by year-end (end of 2024: 1,206), with approximately 90% still working at the Vietnamese locations.
FRIWO will publish its audited annual financial statements, annual report, and forecast for the new financial year 2026 on April 23, 2026. The Management Board will present details in a conference call. Further information about the company can be found on the investor relations pages at www.friwo.com/en/about/investor-relations.
The preliminary results indicate that FRIWO has successfully navigated a period of significant change, emerging with a stronger balance sheet and a return to profitability. The company’s focus on efficiency and product mix optimization has paid off, and its streamlined operations position it for future growth. The improved financial health, underscored by the high equity ratio, provides a solid foundation for the company’s stated ambition to become a sustainably profitable and growing technology group.
