Adeunis revenue to decline in the first half of 2025

Adeunis, a specialist in IoT solutions for building management, has announced revenue of €2.2 million for the first half of 2025, a decrease of 20.1% compared to the same period in 2024.

IIoT catalog range products generated €1.9 million, a 17.7% decline. This decline was due to technical issues encountered by customers. In contrast, IIoT customized products grew by 113.8%, reaching €0.3 million. The M2M Modules business continued its decline, with a 74.8% drop in revenue.

This decrease in revenue is expected to affect operating profit for the half-year. The difficulty in compensating for this delay in the second half is explained by a sluggish market.