FORTEC Elektronik (FEV) Q1 25/26 earnings summary

Executive summary

• Revenue increased by 11% year-over-year to EUR 19.4 million, with a return to operating profitability in Q1 2025/2026.

• EBIT improved to EUR 0.2 million from EUR -0.2 million in the prior year, and net income rose to EUR 0.0 million from EUR -0.3 million.

• The acquisition of Nottrot B.V. strengthened the Data Visualisation segment and expanded the market position in the Netherlands and Central Europe.

• Post-quarter, the remaining shares in Advantec Electronics B.V. were acquired, further expanding the power supply segment in Benelux.

Financial highlights

• Consolidated revenue reached EUR 19.4 million, up from EUR 17.5 million year-over-year.

• EBIT rose to EUR 0.2 million from EUR -0.2 million; net income for the period was EUR 0.0 million versus EUR -0.3 million.

• Earnings per share improved to EUR -0.01 from EUR -0.09 year-over-year.

• Order backlog at end of September 2025 was EUR 44.3 million, down from EUR 50.0 million at June 2025.

Outlook and guidance

• Management expects consolidated revenue between EUR 80.0 million and EUR 85.0 million and EBIT between EUR 0.9 million and EUR 2.1 million for FY 2025/2026.

• Focus remains on stabilising margins, efficiency, and inventory management, with additional growth potential if market conditions improve.

• Cautiously optimistic outlook, assuming no further deterioration in the economic environment.