electrovac AG, a specialist in hermetic glass-to-metal packages for protecting safety- and system-critical electronics, has announced significant growth in revenue and earnings for the 2025/2026 financial year based on preliminary figures. Revenue increased by approximately 20% year on year to around EUR 118.0 million, up from EUR 98.2 million in the previous year. Earnings before interest and taxes (EBIT) rose by about 56% to approximately EUR 14.2 million, compared to EUR 9.1 million in the prior year, resulting in an EBIT margin of 12.0%, an improvement from 9.3%.
Adjusted for costs related to the initial public offering during the reporting period, EBIT reached around EUR 14.8 million, with an adjusted EBIT margin of 12.5%. The positive performance was primarily attributed to increased demand in both strategic business areas, Personal Safety and Aerospace & Defence, as well as the successful expansion of production capacity at the plant in Thailand. The company also benefited from positive pricing effects.
Dieter Thumfart, CEO of electrovac, stated: “We are very pleased that the positive trend communicated in connection with our initial public offering in April has continued, driven in particular by a strong second half of the 2025/2026 financial year. Looking at the current financial year, this development continued as expected in the first quarter. Following our successful initial public offering, we are now ideally positioned to further expand our market share and strengthen our technological leadership in glass-to-metal packages for the Personal Safety and Aerospace & Defence business areas.”
The momentum has carried into the current financial year, with first-quarter revenue of approximately EUR 31.5 million, about 14% above the previous-year level. The company recorded very strong order intake in the first quarter, particularly in the Aerospace & Defence sector, with a book-to-bill ratio of 2.96, and in the Industrial sector, with a ratio of 1.66. These figures underscore sustained demand and robust growth prospects.
electrovac AG will publish its full audited annual and consolidated financial statements for the 2025/2026 financial year on 14 August 2026 and will hold an earnings call at 11:00 a.m. CEST on the same day. For more information, visit www.electrovac.com.
The results highlight electrovac’s strong market position and operational efficiency, as the company continues to capitalize on trends in personal safety and defense electronics. The expansion in Thailand and pricing improvements have been key drivers, positioning electrovac for further growth in the current year. Investors will be watching the audited results in August for confirmation of these preliminary figures and further insights into the company’s trajectory.
