FORTEC Elektronik (FEV) Q4 25/26 earnings summary

Executive summary

• FY 2025/2026 was a transition and restructuring year: revenue rose slightly, but reported EBIT and net income turned negative amid weak utilisation and one-time transformation costs.

• Adjusted EBIT was €0.7m excluding approximately €1.4m of restructuring and transformation costs; reported EBIT was -€0.7m.

• The Strong Together 2030 strategy targets profitable growth through operational improvements, international expansion and development as a system and solution partner.

Financial highlights

• Revenue was €81.2m, up from €79.7m YoY; reported EBIT was -€0.7m versus €1.9m, and EBITDA was €1.7m versus €4.3m.

• Net loss was €1.1m versus net income of €1.3m; EPS was -€0.34 versus €0.41.

• Gross margin improved to 34.0% from 33.5%; cost of materials fell to €51.7m from €53.3m.

• Order backlog reached €54.6m at June 30, 2026, up from €50.0m YoY; orders received totaled €81.3m.

Outlook and guidance

• FY 2026/2027 revenue guidance is €78m–€84m, with EBIT of €1.4m–€2.1m; a return to profitability is expected.

• Data visualisation is expected to improve progressively; power supplies is expected to remain stable, supported by defence demand and customer projects.

• Guidance assumes cautious industrial investment; geopolitical and trade developments, procurement costs and the timing of restructuring benefits could change results.