electrovac AG (ISIN DE000A420ZL4), a specialist in hermetic glass-to-metal packages for protecting safety- and system-critical electronics, reported preliminary figures for the 2025/2026 financial year ended 31 March 2026, showing significant growth in revenue and earnings. Revenue increased by approximately 20% year on year to around EUR 118.0 million (previous year: EUR 98.2 million), while earnings before interest and taxes (EBIT) rose by about 56% to approximately EUR 14.2 million (previous year: EUR 9.1 million). The EBIT margin improved to 12.0% from 9.3% in the prior year.
Adjusted for costs related to the initial public offering during the reporting period, EBIT amounted to 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, as well as the successful expansion of production capacity at the plant in Thailand. electrovac 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."
In the first quarter of the current 2026/2027 financial year, revenue reached around EUR 31.5 million, approximately 14% above the previous-year level. The electrovac Group recorded very strong order intake in the first quarter, particularly in the Aerospace & Defence sector, but also in the Industrial sector, with book-to-bill ratios of 2.96 and 1.66, respectively.
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.
