electrovac AG, a specialist in hermetic glass-to-metal packages for protecting safety- and system-critical electronics, announced preliminary financial results for the 2025/2026 fiscal year ended March 31, 2026, showing significant growth in revenue and earnings. The company reported a 20% increase in revenue to approximately EUR 118.0 million, up from EUR 98.2 million in the previous year. Earnings before interest and taxes (EBIT) rose by about 56% to around EUR 14.2 million, compared to EUR 9.1 million in the prior year, resulting in an EBIT margin of 12.0%, up from 9.3%.
Adjusted for costs related to the initial public offering during the reporting period, EBIT was approximately EUR 14.8 million with an adjusted EBIT margin of 12.5%. The positive development was primarily driven by 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. The company also benefited from positive pricing effects.
Dieter Thumfart, CEO of electrovac, expressed satisfaction with the results, noting that the positive trend communicated during the IPO in April has continued, particularly due to a strong second half of the 2025/2026 financial year. He added that the company is well-positioned to further expand market share and strengthen technological leadership in glass-to-metal packages for the Personal Safety and Aerospace & Defence sectors. Looking ahead, revenue in the first quarter of the current 2026/2027 financial year reached approximately EUR 31.5 million, up about 14% year on year. The company recorded very strong order intake in the first quarter, especially 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.
electrovac AG will publish its full audited annual and consolidated financial statements for the 2025/2026 financial year on August 14, 2026, and will hold an earnings call at 11:00 a.m. CEST on the same day. More information is available on the company's website at electrovac.com.
