FRIWO order intake picks up significantly in the first quarter, cost efficiency measures bear fruit and realignment proceeds according to plan Order intake in the first quarter rises by over 60% to 26.3 million euros Group revenue at 19.3 million euros in the first quarter, as expected below the previous year; EBIT significantly improved to -0.7  [ … ]

FRIWO’s new strategic direction shows first positive effects – revenue and earnings improvements expected for the coming years Financial and strategic realignment proceeding according to plan Financial year 2025 will be a year of transformation, with slight improvements in revenue and earnings and high extraordinary income Medium-term revenue gr [ … ]

FRIWO achieves revised annual targets for 2024 – growth momentum expected from 2025 Group revenue of 93.0 million euros in 2024 within the forecast range EBIT improved to -3.6 million euros year-on-year Financial and strategic realignment is being consistently implemented Positive momentum expected in 2025 – high revenue growth and a sustainable [ … ]

FRIWO with financial realignment that will lay the foundation for future profitable growth High cash inflow expected from the sale of the minority stake in the Indian joint venture and from the sale of large parts of the industrial business Debt to be reduced in large part, equity ratio will exceed 30% after the transactions have been carried out [ … ]

FRIWO AG reorganizes its Executive Board and completes generational transition Dominik Wöffen and Ina Klassen new members of the Executive Board as of January 1, 2025 Former Co-CEO Rolf Schwirz becomes advisor to the Supervisory Board Contract with Roald Gréboval terminated prematurely by mutual agreement Ostbevern, 17 January 2025 – With effect [ … ]