electrovac AG, a specialist in hermetic glass-to-metal packages, announced significant growth in revenue and earnings based on preliminary figures for the 2025/2026 financial year ended 31 March 2026. Revenue increased by approximately 20% year on year to around EUR 118.0 million, compared to EUR 98.2 million in the previous year. Earnings before interest and taxes (EBIT) rose by approximately 56% to EUR 14.2 million, up from EUR 9.1 million, resulting in an EBIT margin of 12.0%, compared to 9.3% in the prior year. Adjusted for costs related to the initial public offering during the reporting period, EBIT reached approximately EUR 14.8 million, with an adjusted EBIT margin of 12.5%.
The positive development was primarily attributable to increased demand in both strategic business areas, Personal Safety and Aerospace & Defence, as well as the successful expansion of production capacity at the plant in Thailand. The company 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."
In the first quarter of the 2026/2027 financial year, revenue reached approximately EUR 31.5 million, about 14% above the previous-year level. The company recorded very strong order intake, particularly in the Aerospace & Defence sector, but also in the Industrial sector, with book-to-bill ratios of 2.96 and 1.66 respectively. Thumfart added: "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."
Electrovac AG will publish its full audited annual and consolidated financial statements for the 2025/2026 financial year on 14 August 2026 and will hold an earnings call at 11:00 a.m. CEST on the same day. For more information, visit www.electrovac.com.
The results underscore electrovac's strong performance in safeguarding safety- and system-critical electronics through its glass-to-metal sealing products. With about 550 employees and production sites in Germany, Austria, and Thailand, the company serves over 250 customers worldwide, offering customized solutions for applications in electronics, sensors, and actuators, including Personal Safety systems like airbags, as well as Aerospace and Defence solutions for satellite technology and military equipment.
