technotrans delivers solid results before special items and reaffirms 2025 outlook

technotrans delivers solid results before special items and reaffirms 2025 outlook

• Consolidated revenue at € 238.1 million despite a challenging environment
• EBIT margin at 5.2 %; adjusted EBIT margin at 6.0 %
• Successfully completed efficiency program and new market-oriented organization enhance the Group’s resilience
• Board of Management reaffirms guidance for 2025
• Proposed dividend of € 0.53 per share to be presented at the Annual General Meeting

Sassenberg, April 2, 2025 – The technotrans Group performed successfully in 2024 despite a challenging economic environment and completed its strategic transformation into a market-oriented organization. Consolidated revenue amounted to € 238.1 million (previous year: € 262.1 million). EBIT reached € 12.3 million (previous year: € 14.2 million), corresponding to an EBIT margin of 5.2 %. Adjusted for € 2.1 million in temporary expenses for severance payments and reorganization, the EBIT margin was at 6.0 %. ROCE stood at 11.8 % (previous year: 13.3 %), while free cash flow reached a solid level of € 8.5 million.

“Under extremely challenging economic and political conditions, we initiated the most comprehensive organizational transformation in the company’s history, won strategically important orders, and achieved solid annual results at the same time,” says Michael Finger, CEO of technotrans SE.

Efficiency gains through new organizational structure
In fiscal year 2024, technotrans successfully implemented the ttSprint efficiency program as planned. By introducing 4 divisions, each responsible for the entire value chain in their respective markets, the company has strengthened its market orientation. Centralized shared service centers support the divisions in their day-to-day operations. This new structure enables more efficient use of resources and sustainably strengthens the technotrans Group’s competitiveness.

Energy Management remains a growth driver
The focus market Energy Management once again achieved the highest growth within the Group with a 27 % increase in revenue. technotrans won significant new orders in particular for battery thermal management systems (BTMS) for e-buses and in liquid cooling for data centers. These successes confirm the strategic decision to focus increasingly on sustainable solutions in the area of energy management.

Challenging environment leads to differentiated market development
While the focus market Energy Management continued to develop dynamically, the markets Print, Plastics, Healthcare & Analytics, and Laser were affected by economically driven revenue declines. However, the Print market demonstrated a positive trend over the course of the year, supported by increasing order intake following the drupa trade show.

Financial stability and sustainable profitability
Despite the broader economic challenges, technotrans maintained a solid equity ratio of 60.5 %. Free cash flow of € 8.5 million underscores the Group’s financial stability. In addition, the successful implementation of the ttSprint efficiency program has already begun to have a positive effect on profitability.

Outlook for 2025: Focused growth and sustainable earnings increase
For fiscal year 2025, the Board of Management expects the positive development in the focus market Energy Management to continue, accompanied by a gradual recovery in the other focus markets. Strategic priorities include sustainable profitability increases, further optimization of the market-oriented organization and expanding technological innovation capabilities. The Board of Management reaffirms its guidance of achieving Group revenue between € 245 million and € 265 million with an EBIT margin of 7 – 9 % in fiscal year 2025.

“With our successful transformation into a market-oriented organization, we have set the course for sustainable growth. Our focus is on further increasing profitability and expanding our market position in our key markets. We continue to see excellent growth opportunities, especially in the Energy Management focus market,” emphasizes Michael Finger.

Dividend proposal
The Board of Management and the Supervisory Board will propose to the Annual General Meeting on May 16, 2025, the distribution of a dividend of € 0.53 per share. This reflects the company’s long-standing dividend policy and the Group’s stable financial base.

Further information: www.technotrans.com

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Note

This press release contains statements on the future development of the technotrans Group. They reflect the current views of the management of technotrans SE and are based on corresponding plans, estimates and expectations. Please note that the statements contain certain risks and uncertainties that could cause actual results to differ materially from those anticipated.