FRIWO AG, an international provider of power supplies and charging technology, has met its annual targets for the 2025 financial year based on preliminary figures. Group revenue reached 77.4 million euros, falling within the planned target range of 75 to 85 million euros, though significantly below the previous year's 93.0 million euros. The company noted that revenue was affected by accounting standards for revenue recognition and negative currency effects.
The Industrial Applications and Medical & Healthcare business segments performed well during the reporting period. Gross profit improved due to a significant reduction in manufacturing costs, efficiency gains across the value chain, and a more favorable product mix. EBIT developed as forecast, moving from previous losses to profitability. The consolidated result achieved a positive figure in the low double-digit million euro range, benefiting from one-off effects including the disposal of minority interests in an Indian joint venture and the sale of the DIN rail business.
"2025 was a year of transformation for FRIWO and a successful financial year, both strategically and economically," commented 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."
The company completed its financial restructuring following portfolio reorganization, resulting in a strengthened financial position. The equity ratio jumped to over 30%, a substantial improvement from 5.3% in the previous year. 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."
Employee numbers continued to decline to 866 by year-end, down from 1,206 at the end of 2024, with approximately 90% of employees working at Vietnamese locations. FRIWO will publish its audited annual financial statements, annual report, and forecast for the 2026 financial year on April 23, 2026, with management presenting details in a conference call. Further information about the company can be found on the investor relations pages of FRIWO.
The company's successful restructuring and return to profitability demonstrate how strategic portfolio adjustments and operational efficiency improvements can transform a business's financial health. For technology leaders and investors, FRIWO's experience illustrates the potential for established manufacturers in the power supply sector to reinvent themselves through focused restructuring, even amid challenging market conditions. The strengthened balance sheet with over 30% equity provides a solid foundation for future growth initiatives in the competitive charging technology market.
