electrovac AG, a specialist in hermetic glass-to-metal packages for protecting safety- and system-critical electronics, has reported preliminary financial results for the 2025/2026 fiscal year ended March 31, 2026, showing significant growth in both revenue and earnings. Revenue increased by approximately 20% year on year to around EUR 118.0 million, up from EUR 98.2 million in the previous year. Earnings before interest and taxes (EBIT) rose by approximately 56% to EUR 14.2 million, compared to EUR 9.1 million in the prior fiscal year. The EBIT margin improved to 12.0% from 9.3%.
Adjusted for costs related to the initial public offering (IPO) conducted during the reporting period, EBIT reached approximately EUR 14.8 million, with an adjusted EBIT margin of 12.5%. The company attributed the positive performance to increased demand in both strategic business areas, Personal Safety and Aerospace & Defence, as well as successful expansion of production capacity at its plant in Thailand. electrovac also benefited from positive pricing effects.
Dieter Thumfart, CEO of electrovac, stated: "We are very pleased that the positive trend communicated in connection with our initial public offering in April has continued, driven in particular by a strong second half of the 2025/2026 financial year. Looking at the current financial year, this development continued as expected in the first quarter. Following our successful initial public offering, we are now ideally positioned to further expand our market share and strengthen our technological leadership in glass-to-metal packages for the Personal Safety and Aerospace & Defence business areas."
In the first quarter of the current 2026/2027 fiscal year, revenue reached approximately EUR 31.5 million, representing an increase of about 14% compared to the same period last year. The company recorded very strong order intake in the first quarter, particularly in the Aerospace & Defence sector, with a book-to-bill ratio of 2.96, and in the Industrial sector, with a ratio of 1.66. These figures underscore sustained demand momentum across key markets.
electrovac AG will publish its full audited annual and consolidated financial statements for the 2025/2026 financial year on August 14, 2026, and will hold an earnings call at 11:00 a.m. CEST on the same day. The company remains focused on leveraging its technological leadership and expanded capacity to capture further market share in its core segments.
