FRIWO's Strategic Progress and Financial Milestone After Nine Months

FRIWO AG, a global power supply and charging solutions provider, reported a nine-month revenue of €61.0 million, slightly lower than the previous year. The decrease was influenced by new accounting rules, reducing revenues by €6.8 million. However, the company noted a significant improvement in EBIT, reaching €12.6 million, aided by one-off effects from portfolio sales. Excluding these, comparable EBIT stands at €1.0 million.

FRIWO expects 2025 revenue between €75 million and €85 million, supported by strong one-time gains from divestments. The company completed strategic portfolio transactions in India and the top-hat rail business, bolstering its financial foundation and equity, which rose from €3.3 million to €9.7 million.

Cost reductions and an improved product mix enhanced gross profit, despite orders slightly decreasing to €65.5 million. FRIWO's strategic international focus, especially in North America and Asia, positions it well for future growth.