Ringmetall (HP3A) Q1 2025 earnings summary

Executive summary

• Group revenue rose 6.2% year-over-year to EUR 48.5 million in Q1 2025, driven by acquisitions despite a tense market environment.

• EBITDA declined 4.9% to EUR 5.9 million, with margin down to 12.2% due to lower raw material prices.

• Gross profit increased 10.3% to EUR 25.9 million, with gross margin improving to 52.9%.

Financial highlights

• EBIT fell 18.7% year-over-year to EUR 3.4 million, with EBIT margin dropping to 7.0%.

• Total output increased 8.4% to EUR 48.9 million.

• Revenue growth was mainly acquisition-driven, while organic sales volumes and raw material prices declined.

Outlook and guidance

• Management Board confirms 2025 guidance: revenue between EUR 180–200 million and EBITDA between EUR 21–28 million.

• Forecast assumes stable raw material prices and exchange rates; excludes effects from planned 2025 acquisitions.