Cherry SE's 2025 Financial Forecast Falls Short

Cherry SE announced that its preliminary financial figures for the fiscal year 2025 will not meet forecasts. The company expects consolidated revenue to be approximately EUR 94.3 million, falling short of the previously forecasted range of EUR 100 to 115 million. Additionally, the adjusted consolidated EBITDA margin is expected to be around -10.4%, contrary to the anticipated high single-digit negative range.

As a result of these below-par earnings, Cherry SE’s Management Board anticipates recognizing impairment losses on both fixed and current assets, similar to the previous year. This announcement underscores challenges faced by the company in aligning with its financial projections.