SEMCO Technologies (ALSEM) Q4 2025 TU earnings summary

Executive summary

• Achieved record revenue of €34.7 million in 2025, up 31.5% year-over-year, surpassing the €33 million IPO target.

• Growth driven by new customer qualifications, deeper relationships with existing clients, and expansion in high-growth sectors like AI, 5G, EVs, defense, and healthcare.

• Opened a commercial subsidiary in China and doubled production capacity with a new automated screen-printing line.

• Appointed a new Technical Director to drive innovation and co-development with customers.

Financial highlights

• 2025 revenue reached €34.7 million at constant exchange rates, a 31.5% increase from 2024.

• Revenue at variable exchange rates was €34.2 million, up 29.5% year-over-year.

• EBIT margin for 2025 is approximately 38.5%.

Outlook and guidance

• Reaffirmed all commercial, operational, and financial targets set at IPO.

• 2028 revenue target set at over €55 million, with EBIT margin expected to exceed 40%.

• At least 30% of net income to be distributed.