21.08.2025
International
The technotrans Group continued its successful development in the first half of 2025 despite the ongoing challenging economic environment. Thanks to sustained momentum, particularly in the focus markets of Energy Management, Healthcare & Analytics and Print, Group revenue rose by 4.6% year on year to €120.6 million (previous year: €115.3 million).
The Group's operating profit (EBIT) more than doubled year on year to €8.4 million. The EBIT margin was correspondingly strong at 7.0% (previous year: 3.5%). Return on capital employed (ROCE) rose significantly to 15.0% (previous year: 11.5%). The increase in the order backlog to €84 million and the book-to-bill ratio of 1.1 underscore the growth prospects.
Michael Finger, CEO of technotrans SE, emphasises: ‘Our focused strategy and the earnings contributions of the ttSprint efficiency programme are taking full effect: we are growing profitably, generating attractive returns and consistently expanding our market position. This enables us to lay the foundation for a sustainable increase in the value of our share.’
Energy Management, Healthcare & Analytics and Print with revenue growth
Revenue in the focus market of Energy Management rose by 11% year on year to €18.4 million, driven in particular by increased deliveries of battery thermal management systems (BTMS) for rail vehicles and e-buses. Production capacity for liquid cooling systems for data centres was increased. In the focus market Healthcare & Analytics, the positive trend continued, driven by systems for analytics, scanner technology and semiconductor manufacturing.
Revenue increased significantly by 44% to €9.7 million. The focus market Print also showed encouraging growth momentum in the areas of packaging printing, flexographic printing and digital printing. Revenue increased by 8% year on year to €41.8 million. The Plastics focus market recorded a moderate decline in revenue of 2% due to economic conditions. The Laser focus market remains significantly affected by cyclical factors and suffered an 11% decline in revenue compared with the previous year.
Technology segment increases revenue and earnings
The upturn in deliveries of technotrans systems was reflected in a €5.0 million increase in revenue for the Technology segment to €90.8 million. An optimised product mix, the realisation of economies of scale and efficiency improvements led to a significant increase in the segment EBIT margin to 4.3% (previous year: -0.1%). The Services segment generated revenue of €29.8 million, which was slightly above the previous year (previous year: €29.6 million). Its share of consolidated revenue amounted to 25%. The segment's EBIT margin increased to 15.0% (previous year: 14.1%).
Solid financial and asset position
Total assets rose to €166.3 million. The equity ratio remained very comfortable at 59.7%. Free cash flow of €-1.1 million includes cash outflows from investments of €2.8 million, which mainly result from the acquisition of a property in Sassenberg.
Management Board confirms 2025 forecast
The Management Board is very satisfied with the course of business in the first six months in view of the challenging conditions. It continues to expect consolidated revenue of between €245 million and €265 million for the full year 2025, an EBIT margin in a range of 7% to 9% and ROCE of between 13% and 16%.
Michael Finger emphasises: ‘The strong business performance in the first half of 2025, our solid order backlog and our progress in positioning ourselves in growth markets such as battery cooling and liquid cooling for data centres form the basis for sustainable profitable growth.’
(Source: technotrans)