Cherry SE Reports H1 2025 Performance Amid Market Challenges

Munich, 31 July 2025 – Cherry SE has disclosed supplementary preliminary figures for the first half of 2025, indicating a drop in consolidated revenues to EUR 46.0 million from EUR 61.6 million in the same period of the previous year. The adjusted EBITDA margin turned negative at -5.0%, a decline from 4.0% in H1 2024. A strategic reduction in shipments in the Peripherals Europe segment and consistent low demand in component manufacturing were significant factors.

Inventory levels saw a substantial reduction from EUR 82 million in summer 2023 to EUR 43.1 million by 30 June 2025. CEO Oliver Kaltner emphasized that operational discipline and inventory management have been pivotal in improving liquidity and setting a groundwork for future growth.

In business segments, the Gaming & Office Peripherals revenue totaled EUR 33.6 million, despite a targeted sales reduction, while Digital Health & Solutions faced a decline but gained from new healthcare regulations. The Components segment continued facing challenges due to weakened demand.