EQS-News
Schweizer Electronic AG publishes Group figures for 2024 and provides outlook for 2025
- Turnover rises to €144.5M; highest in company history.
- EBITDA at €-0.3M; strict cost management ongoing.
- 2025 outlook: sales €130-165M; EBITDA €3-8M expected.
EQS-News: Schweizer Electronic AG / Key word(s): Annual Results Schweizer Electronic AG publishes Group figures for 2024 and provides outlook for 2025 |
- Turnover increases to EUR 144.5 million
- EBITDA at EUR -0.3 million
- Equity ratio at 21.1%
- Strict cost management is taking effect and will continue in 2025
- Success of the Fab Light concept accelerates in 2025
Schramberg, April 28, 2025 – SCHWEIZER achieved a turnover of EUR 144.5 million in the 2024 financial year (previous year: EUR 139.4 million), the highest consolidated turnover in the
company's history.
The company benefited from the successful start of series production of the innovative chip embedding technology, which was implemented in collaboration with Infineon Technologies AG and has found its way into innovative drive technologies in the automotive industry.
As a result, sales with automotive customers increased to EUR 117.4 million, which corresponds to a year-on-year increase of 18.7%. Compared to the double-digit growth with Mobility customers, sales with non-Mobility customers fell by 33.0%. This decline in sales to industrial customers reflects the increasing economic slowdown and declining export activities in Germany.
Sales with products from our strategic partner companies increased by 49.4% to EUR 68.2 million in 2024 (2023: EUR 45.6 million). By contrast, sales from in-house production fell by 18.6% year on year to EUR 76.3 million (2023: EUR 93.8 million). The share of sales generated by trading goods increased to 47.2% (2023: 32.7%).
At the end of the reporting year, the order backlog totalled EUR 220.4 million.
A negative product and customer mix as well as reduced capacity utilisation at the German site meant that earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to EUR -0.3 million (2023: +8.9 million euros1)).