Elecster (ELEAV) Q2 2025 earnings summary

Executive summary

• Net profit improved significantly year-over-year, with revenue stable at €39.4M for 2020 compared to 2019.

• Q4 revenue rose 10.7% year-over-year to €10.3M, and operating profit increased to €0.6M.

• Earnings per share for 2020 reached €0.73, up from €0.26 in 2019.

• Proposed dividend of €0.28 per share, up from €0.23.

Financial highlights

• Operating profit for 2020 was €3.9M (9.9% margin), up from €2.2M (5.6%) in 2019.

• Profit before taxes increased to €3.8M from €1.5M year-over-year.

• Net profit attributable to shareholders was €2.75M, up from €0.97M.

• Cash flow from operations improved to €5.1M from €3.9M.

• Brutto investments decreased to €1.8M from €2.9M.

Outlook and guidance

• Revenue and EPS for 2021 expected to be at 2020 levels, with continued uncertainty due to the pandemic.

• Order intake for machinery shows signs of recovery, but packaging material margins may be pressured by higher raw material costs.

• Global economic recovery expected to be uneven, with developing markets contributing most to growth.