SBF AG reported robust operational performance for the first half of 2025, maintaining stability in a challenging manufacturing environment while significantly improving profitability through restructuring measures. The company generated group revenue of EUR 21.9 million, slightly below the previous year's EUR 22.9 million, primarily due to short-term delays in customer call-off orders. However, EBITDA rose substantially to EUR 0.5 million from EUR 0.1 million in the same period last year, demonstrating the effectiveness of the company's efficiency improvements.
The importance of these results lies in SBF's ability to navigate difficult market conditions while positioning for future growth. Robert Stöcklinger, member of the Management Board of SBF AG, noted the company's resilience despite consumer reluctance, supply chain problems, and structural adjustments affecting the broader manufacturing industry. The company's performance suggests that strategic restructuring and operational efficiency can yield positive results even in challenging economic climates.
Segment performance varied across SBF's business units. The Rolling Stock segment showed strong growth with sales increasing 19% to EUR 11 million, though significant short-term customer postponements are expected to impact the second half. The company maintains an exceptionally high order backlog in this segment, ensuring good production capacity utilization in coming months and years. This stability in the rail market provides important confidence for investors and industry partners.
The Public and Industrial Lighting segment underperformed initial expectations with revenue of EUR 4.5 million, reflecting weaker order intake and Germany's sluggish industrial economy. However, the company has implemented extensive measures to strengthen this business, including relocating production to Budweis with significantly lower rental and personnel costs. Product certifications obtained for projects with Deutsche Bahn and local authorities should strengthen future order entry. The 2025 half-year report is available on the company's website at https://www.sbf-ag.com/investor-relations/finanzpublikationen.
The newly established Sensor Technology and Electromechanics segment performed solidly with revenue of EUR 7 million, matching the previous year's performance. Earnings improvement measures are already showing positive effects, and based on the promising order backlog, a good result is expected by year-end. This segment plays a central role in the Group's growth strategy, with increasing synergy effects expected to strengthen the entire Group's earnings power over the long term.
SBF confirmed its full-year 2025 outlook, expecting revenue between EUR 43.0 and 46.0 million and consolidated EBITDA in the range of EUR 1.5 to 2.5 million. This represents a significant improvement over the previous year's EUR 0.6 million EBITDA and indicates the company's confidence in its restructuring measures and market position. The company sees new opportunities emerging from extensive investments in infrastructure, mobility, and defense sectors, which it intends to actively pursue in coming years.
For more detailed information about the company and its operations, visit https://www.sbf-ag.com. The company's ability to maintain its outlook amid market challenges provides important stability signals for the broader industrial technology sector, particularly for companies specializing in rolling stock, lighting, and sensor technology solutions.


