sur Softing AG (ETR:SYT)
Softing AG: Mixed Results in Q1 2025 Amid Economic Challenges
Softing AG's first-quarter financial results for 2025 reveal a challenging economic landscape, marked by mixed performances across business segments. The Automotive segment diverged from industry trends, achieving a notable revenue growth of 50%, reaching EUR 9.5 million compared to EUR 6.5 million the previous year. However, the Industrial segment faced significant revenue setbacks, dropping sharply to EUR 11.7 million from EUR 16.1 million due to global economic uncertainties and reduced investments.
At the Group level, Softing reported revenues of EUR 22.3 million, slightly down from EUR 24.2 million the previous year. The IT Networks segment saw a modest increase in revenue, posting EUR 1.9 million compared to EUR 1.8 million in 2024. Overall, the Group's EBIT fell from EUR 0.5 million to EUR –1.3 million, while operating EBIT also dropped to EUR –0.4 million.
Despite these hurdles, Softing remains optimistic about future growth. The company maintains its full-year revenue forecast between EUR 90 and EUR 105 million, anticipating improvements in order intake and an easing of tariffs and economic tensions.
R. E.
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