FRIWO Anticipates Recovery in 2026 Despite Slow Start

FRIWO, a provider of power supplies and charging technology, reported a slow start to 2026. First-quarter revenue was 14.3 million euros, down from 19.3 million euros the previous year due to the divestment of its DIN rail business and an Indian joint venture. Earnings before interest and taxes (EBIT) were negative at -1.1 million euros but met expectations.

The management projects a business improvement in the year's second half, driven by new product launches. Despite geopolitical cost pressures, notably from the Iran crisis, FRIWO maintains a positive outlook for 2026, forecasting revenues between 67 to 77 million euros and a slightly positive EBIT.

FRIWO reduced its net debt to 1.6 million euros by March 2026, with total assets at 40.5 million euros and a strong equity ratio of 34.8%. Employee count slightly decreased to 828, mainly in Vietnam.