AUSTRIACARD HOLDINGS AG Reports Q1 2025 Financial Results

AUSTRIACARD HOLDINGS AG reported a 10% decrease in Q1 2025 revenues, totaling €82.6 million, primarily due to a downturn in Türkiye's payment card market tied to stock normalization. Despite robust gains in Digital Technologies and Document Lifecycle Management, these increases couldn't fully compensate for the revenue drop in the Identity & Payment Solutions sector, which decreased by 22.4%.

Regionally, the Western Europe, Nordics, and Americas segment saw a 10.5% revenue increase. However, the Türkiye, Middle East, and Africa segment experienced a significant 65.6% decline. Gross profit decreased by 7.4% while net profit dropped by 50.5% to €2.6 million.

The company proposed a dividend of €0.11 per share, and despite a weak start, it remains optimistic about 2025's overall performance.