Elma Interim Results 2025

In the first half of 2025, the Elma Group continued its transformation process and closed the reporting period with solid results despite geopolitical and economic uncertainties as well as significant disruptions in the exchange rate of the US Dollar.

CH-Wetzikon, August 20, 2025 – In the first half of 2025, the Elma Group continued its transformation process and closed the reporting period with solid results despite geopolitical and economic uncertainties as well as significant disruptions in the exchange rate of the US Dollar. Overall, Elma increased its revenue by 0.6% to CHF 92.3 mn compared with the previous year and achieved a profit of CHF 4.4 mn in the first half of 2025. All three regions contributed to the solid result; particularly the Europe region benefited from robust demand for Elma’s system solutions in the growing Defense sector and made an above-average contribution to overall success.

The operating result (EBIT) reflects the investments in transformation as well as necessary adjustments to organizational structures and business processes, resulting in the EBIT being slightly lower than the previous year. With the introduction of a new generation of modern IT systems (ERP, PDM, CRM), the precondition for sustainable efficiency increases and higher agility are being created to ensure profitable growth in the future.

The construction projects in Romania and Switzerland are progressing as planned; the groundbreaking ceremony for the new factory in Timisoara took place on August 8, 2025, and at the headquarters in Wetzikon, it is scheduled for September 22, 2025. With this investment program, the Elma Group is positioning itself for the future, strengthen its competitiveness, and ultimately reduce interdependence within the regions. The vision is to make the regions self-sufficient in terms of production while remaining as interconnected as possible in terms of innovation.

  • Net sales increased by 0.6% to CHF 92.3 mn (previous year: CHF 91.8 mn); adjusted for currency effects +3.1%
  • EBIT of CHF 5.7 mn (previous year: CHF 6.0 mn)
  • Profit of CHF 4.4 mn on previous year’s level (previous year: CHF 4.5 mn
  • High equity ratio of 55.1% (December 31, 2024: 52.8%)
  • Net debts of CHF 5.4 mn (December 31, 2024: CHF 1.1 mn)
  • Order income increased by 28.7% to CHF 85.2 mn (previous year: CHF 66.2 mn*; adjusted for currency effects +32.2%
  • Operating cash flow temporarily lower

Contacts

Thomas Herrmann

CEO Elma Group
Tel. +41 44 933 43 04
thomas.herrmann@elma.ch

About Elma

Elma Electronic is a global manufacturer of electronic packaging products for the embedded systems market – from components, backplanes, power supply solutions, storage boards and chassis platforms to fully integrated systems. To ensure our integrated solutions are optimized to our customers’ needs, Elma partners with leading board manufacturers in the industry. Elma also provides enclosure solutions and rotary switches for demanding applications for electronic companies. The company has a broad base of proven standard products which can be tailored to individual applications: Elma offers services from the initial concept to volume production. Elma’s reliable solutions, flexibility, and design expertise are key reasons why the leading companies in the world choose Elma time and again.

Disclaimer

This communication contains statements that constitute “forward-looking statements”. In this communication, such forward-looking statements include, without limitation, statements relating to our financial condition, results of operations and business and certain of our strategic plans and objectives. Because these forward-looking statements are subject to risks and uncertainties, actual future results may differ materially from those expressed in or implied by the statements. Many of these risks and uncertainties relate to factors which are beyond Elma’s ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behavior of other market participants, the actions of governmental regulators and other risk factors detailed in Elma’s past and future filings and reports and in past and future filings, press releases, reports and other information posted on Elma Group companies’ websites. Readers are cautioned not to put undue reliance on forward-looking statements, which speak only of the date of this communication. Elma disclaims any intention or obligation to update and revise any forward-looking statements, whether as a result of new information, future events or otherwise.