FRIWO AG achieves financial turnaround despite revenue decline in 2025
FRIWO AG has reported a strong financial turnaround for 2025, despite a drop in revenue. The company's adjusted earnings exceeded forecasts, moving into positive territory after previous losses. Board members highlighted major improvements in profitability and financial stability. The company's group revenue fell to €77.4 million in 2025, down from €93.0 million the year before. This decline was partly due to the IFRS 15 accounting transition and negative currency effects. No comparable data exists for competitors facing similar adjustments.
Gross profit rose thanks to lower manufacturing costs, efficiency improvements, and a better product mix. The Industrial Applications and Medical & Healthcare segments performed particularly well. One-off gains from asset sales also pushed the consolidated result into the low double-digit million euro range.
The workforce shrank to 866 employees by the end of 2025, with around 90% based in Vietnam. Meanwhile, the equity ratio jumped to over 30%, a sharp increase from just 5.3% in 2024. CEO Dominik Woeffen called 2025 a successful year of transformation and restructuring.
FRIWO will release its audited financial statements and 2026 forecast on April 23, 2026. The company's financial recovery included higher gross profits, a stronger equity position, and positive adjusted earnings. Despite lower revenue, restructuring efforts and cost controls delivered measurable improvements. The full audited results and next year's outlook will be published in April 2026.
