electrovac AG, a specialist in hermetic glass-to-metal packages for protecting safety- and system-critical electronics, reported a significant increase in revenue and earnings based on preliminary figures for the 2025/2026 financial year ended 31 March 2026. The electrovac Group’s revenue increased by approximately 20% year on year to around EUR 118.0 million, compared to EUR 98.2 million in the previous year. Earnings before interest and taxes (EBIT) rose by approximately 56% to EUR 14.2 million, up from EUR 9.1 million, resulting in an EBIT margin of 12.0%, compared to 9.3% in the prior year. Adjusted for costs incurred in connection with the initial public offering during the reporting period, EBIT amounted to around EUR 14.8 million, with an adjusted EBIT margin of 12.5%.
The positive development was primarily attributable to increased demand in both strategic business areas: Personal Safety and Aerospace & Defence, as well as the successful expansion of production capacity at the plant in Thailand. electrovac also benefited from positive pricing effects. The company's focus on these high-growth sectors underscores the critical role of reliable electronic packaging in modern safety and defense systems.
Dieter Thumfart, CEO of electrovac, commented: "We are very pleased that the positive trend communicated in connection with our initial public offering in April has continued, driven in particular by a strong second half of the 2025/2026 financial year. Looking at the current financial year, this development continued as expected in the first quarter. Following our successful initial public offering, we are now ideally positioned to further expand our market share and strengthen our technological leadership in glass-to-metal packages for the Personal Safety and Aerospace & Defence business areas."
Revenue in the first quarter of the current 2026/2027 financial year reached approximately EUR 31.5 million, about 14% above the previous-year level. The electrovac Group recorded very strong order intake in the first quarter, particularly in the Aerospace & Defence sector, but also in the Industrial sector, with book-to-bill ratios of 2.96 and 1.66 respectively. These ratios indicate robust future demand, as orders significantly outpaced shipments.
The implications for industry leaders are clear: electrovac's growth reflects increasing reliance on specialized electronic packaging in critical applications such as airbags, seatbelt components, satellite technology, and military equipment. As technology advances, the demand for hermetic sealing solutions that ensure reliability in harsh environments is likely to intensify. Companies in the automotive, aerospace, and defense supply chains should monitor electrovac's capacity expansions and technological innovations, as they may influence pricing, lead times, and competitive dynamics.
electrovac AG will publish its full audited annual and consolidated financial statements for the 2025/2026 financial year on 14 August 2026 and will hold an earnings call at 11:00 a.m. CEST on the same day. For more information about the company and its products, visit www.electrovac.com.
