Steyr Motors AG reported preliminary unaudited revenue of EUR 48.5 million for the 2025 financial year, representing a 16.4% increase from EUR 41.7 million in 2024, meeting its revised forecast. The company generated an EBIT of EUR 5.8 million, with an adjusted EBIT of EUR 7.0 million after accounting for one-time costs related to M&A consulting and capital market effects. Growth was driven by both Civil and Defense segments, with Civil revenue at EUR 19.6 million and Defense revenue at EUR 28.8 million, supported by increased engine sales and expansion in spare parts and engineering services.
The company's performance reflects successful international market expansion and supply chain efficiency improvements. New strategic framework agreements with partners including Rheinmetall Landsysteme GmbH and Laborde Products Inc. in the United States have strengthened its global presence. A multi-year agreement with Asian distributor Trysun guarantees a minimum of 750 engines by 2030 for the marine market, while a joint venture in China enables growth without capital investment, potentially leading to local production. Steyr Motors' C2 emissions certification, announced in September 2025, opens revenue potential exceeding EUR 100 million in the world's largest shipbuilding market.
Additional growth initiatives include market entry in Poland, new marine supply agreements in Europe and Asia, a significant order from India, and expanded presence in the MENA region. The company has established a new business segment for mobile power generation, projected to generate cumulative revenue over EUR 100 million by 2030, with series production starting in late 2026. These power units are designed for defense applications such as anti-drone systems and military energy solutions. Steyr Motors has also identified opportunities in unmanned surface vehicles (USVs) for defense missions like reconnaissance and mine clearance, positioning itself in a promising new market.
With an order backlog exceeding EUR 300 million and additional opportunities over EUR 500 million, the company has high visibility through 2030. CEO Julian Cassutti stated that after delays in two framework agreements last year, accelerated growth is expected in 2026 with increased profitability. The Management Board forecasts 2026 revenue of EUR 75-95 million and an EBIT margin of at least 15%, driven by sales activities in Asia, the MENA region, and North America, along with momentum from mobile power generation and USV expansion. M&A transactions are also anticipated in 2026, supporting inorganic growth alongside organic strategies. The medium-term forecast for 2027 remains unchanged, and the audited annual report will be published on March 6, 2026.
