FRIWO AG, an international provider of power supplies and charging technology, has achieved its annual targets for the 2025 financial year based on preliminary figures. The company reported group revenue of 77.4 million euros, within the planned target range of 75 to 85 million euros, though significantly below the previous year's 93.0 million euros due to accounting standard applications and negative currency effects. This development marks a crucial turning point for the company, demonstrating successful strategic restructuring and financial recovery.
The importance of this announcement lies in FRIWO's transition from years of losses to profitability, with adjusted comparable EBIT exceeding the company's own forecast and achieving a clearly positive figure. The Industrial Applications and Medical & Healthcare business segments performed particularly well, contributing to improved gross profit through significant manufacturing cost reductions, efficiency gains across the entire value chain, and a more favorable product mix. This turnaround indicates the company's successful adaptation to market challenges and positions it for sustainable growth.
Financial restructuring following portfolio reorganization has been completed, resulting in an equity ratio jump to over 30% from just 5.3% the previous year. This strengthened financial position provides FRIWO with greater stability and flexibility for future investments. The consolidated result achieved a positive figure in the low double-digit million euro range, thanks to one-off effects from the disposal of minority interests in the Indian joint venture and the sale of the DIN rail business.
Dominik Woeffen, CEO of FRIWO AG, described 2025 as "a year of transformation for FRIWO and a successful financial year, both strategically and economically." He emphasized that comprehensive portfolio restructuring has significantly streamlined structures and improved competitiveness. Fellow board member Ina Klassen added that the company has financially restructured itself and now reports "a rock-solid balance sheet with an equity ratio of over 30%" as the foundation for developing FRIWO into a sustainably profitable and growing technology group.
The workforce declined to 866 employees by year-end from 1,206 at the end of 2024, with approximately 90% continuing to work at Vietnamese locations. This reduction reflects the company's efficiency improvements and restructuring efforts. 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 at https://www.friwo.com/en/about/investor-relations.
This development matters because it demonstrates how strategic restructuring and portfolio optimization can lead to financial recovery in the competitive technology sector. The implications extend to investors, industry partners, and customers who rely on stable suppliers in the power supply and charging technology market. FRIWO's strengthened financial position and return to profitability suggest increased reliability and potential for innovation in key growth areas like e-mobility and medical technology, contributing to broader industry stability and technological advancement.
