HÖRMANN Industries GmbH (corporate bond, ISIN: NO0012938325) today published its financial results for the first half of 2025. In the first six months, the HÖRMANN Group's revenue increased by 2.3% to € 335.2 million (previous year: € 327.6 million). The slight increase in turnover was mainly due to the positive business development in the Communication and Engineering divisions as well as the invoicing of multi-year project orders in the Intralogistics division.
In the Automotive division, the weak sales figures of various key customers from the second half of 2024 continued in the first six months of 2025, resulting in a decline in revenue compared to the first half of 2024. Due to the overall improvement in revenue at Group level and the various cost-cutting measures, particularly in the Automotive division, earnings before interest, taxes, depreciation and amortization (EBITDA) increased significantly in the first half of 2025 compared to the same period of the previous year from € 8.8 million to € 18.6 million. and earnings before interest and taxes (EBIT) from € 2.4 million to € 12.3 million.
Johann Schmid-Davis, CFO of HÖRMANN Industries GmbH: "The generally difficult economic conditions and the general reluctance to invest were also clearly noticeable on the market in the first half of 2025. It is therefore all the more pleasing that our broad diversification has once again contributed to stability and sustainable success and that our intensive measures to reduce costs and increase productivity in the automotive sector are also having an impact. We believe we are well positioned for the future and are optimistic that we will benefit from an economic upturn. For 2025 as a whole, we continue to expect stable development of the HÖRMANN Group at the previous year's level."
