Softing AG: Q1 2025 Interim Statement Revealed

• Softing AG's Automotive segment experienced significant revenue growth of around 50%, while the Industrial segment saw a sharp decline due to political uncertainty and aggressive US tariff policies.
• Group revenue for the first quarter of 2025 was EUR 22.3 million, down from EUR 24.2 million in the previous year, with a notable drop in orders on hand by approximately EUR 17 million.
• The Industrial segment's revenue fell from EUR 16.1 million to EUR 11.7 million, with a decline in EBIT from EUR 0.4 million to EUR –0.5 million, while the Automotive segment's revenue increased from EUR 6.5 million to EUR 9.5 million.
• The IT Networks segment saw a slight revenue increase from EUR 1.8 million to EUR 1.9 million, with the new WireXpert MP product expected to boost future growth.
• Group EBIT for the first quarter of 2025 was EUR –1.3 million, compared to EUR 0.5 million in 2024, with an operating EBIT of EUR –0.4 million.
• Softing AG maintains its full-year guidance for 2025, expecting total revenue between EUR 90 and EUR 105 million and operating EBIT between EUR 3 and EUR 3.5 million, assuming an easing of the US tariff dispute and improved investment climate in Germany.

The next important date, Publication of Quarterly Report (Cut-off date Q1), at Softing is on 15.05.2025.

The price of Softing at the time of the news was 2,7900EUR and was down -3,13 % compared with the previous day.
8 minutes after the article was published, the price was 2,8400EUR this corresponds to a plus of +1,79 % since publication.

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ISIN:DE0005178008WKN:517800

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