H1 2025 FINANCIAL RESULTS
August 19, 2025
HI 2025 AT A GLANCE
FINANCIAL REVIEW
OUTLOOK
Q&A
HIGHLIGHTS AND ACHIEVEMENTS
Return to sales growth thanks to high development activity and further stabilization in system demand
Stable gross margin development overshadowed by negative currency effects
Progress in development partnerships and significant upturn in the deal pipeline in the area of system development
Full year outlook confirmed
…. developments in H1/2025 inline with intra-year expectations
FINANCIALS AT A GLANCE1
€ 000s | H1/2025 | H1/20242 | Change | Q2/2025 | Q2/20242 | Change |
Sales | 118,590 | 112,691 | +5.2% (cc: +5.8%) | 58,227 | 58,803 | -1.0% (cc: +0.9%) |
Adjusted EBITDA | 16,070 | 17,426 | -7.8% | 6,765 | 10,834 | -37.6% |
Adjusted EBITDA margin (%) | 13.6 | 15.5 -190 bps | 11.6 | 18.4 -680 bps | ||
Adjusted EBIT | 8,487 | 9,880 | -14.1% | 3,124 | 6,960 | -55.1% |
Adjusted EBIT margin (%) | 7.2 | 8.8 -160 bps | 5.4 | 11.8 -640 bps | ||
Adjusted consolidated net income | 4,978 | 5,603 | -11.2% | 1,823 | 4.539 | -59.8% |
Adjusted basic earnings per share (in €) | 0.41 | 0.46 | -10.9% | 0.15 | 0.37 | -59.5% |
Basic earnings per share IFRS (in €) | 0.21 | 0.33 | -36.4% | 0.09 | 0.31 | -71.0% |
bps = basis points
cc = at constant currency
1 To facilitate comparison, figures have been adjusted to exclude amortization resulting from purchase price allocations in the context of acquisitions and other non-recurring items (including one-off advisory expenses, fees, and restructuring expenses).
2 Restated pursuant to IAS 8.
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