electrovac AG, a specialist in hermetic glass-to-metal packages for protecting safety- and system-critical electronics, has reported significant growth in revenue and earnings based on preliminary figures for the 2025/2026 financial year ended 31 March 2026. Revenue increased by approximately 20% year on year to around EUR 118.0 million, compared to EUR 98.2 million in the prior year. Earnings before interest and taxes (EBIT) rose by approximately 56% to EUR 14.2 million, up from EUR 9.1 million, resulting in an EBIT margin of 12.0%, versus 9.3% in the previous year. 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 development was primarily attributable to increased demand in both strategic business areas: Personal Safety and Aerospace & Defence. The company also benefited from the successful expansion of production capacity at its plant in Thailand and 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."
Revenue in the first quarter of the 2026/2027 financial year reached approximately EUR 31.5 million, representing a roughly 14% increase year on year. 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 the robust demand for electrovac's products, which are critical for applications ranging from airbags and seatbelt components in Personal Safety to satellite technology and military equipment in Aerospace & Defence.
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. The company, headquartered in Salzweg, Germany, employs about 550 people and operates four production sites in Germany, Austria, and Thailand, serving more than 250 customers worldwide. For more information, visit www.electrovac.com.
