electrovac AG, a specialist in hermetic glass-to-metal packages for protecting safety- and system-critical electronics, reported a significant increase in revenue and earnings based on preliminary figures for the 2025/2026 financial year ended March 31, 2026. The company's revenue rose by approximately 20% year on year to around EUR 118.0 million, up from EUR 98.2 million in the previous year. Earnings before interest and taxes (EBIT) surged by about 56% to approximately EUR 14.2 million, compared to EUR 9.1 million in the prior year. The EBIT margin improved to 12.0% from 9.3%.
Adjusted for costs related to the initial public offering during the reporting period, EBIT stood at around EUR 14.8 million, with an adjusted EBIT margin of 12.5%. The positive performance was primarily driven by increased demand in both strategic business areas—Personal Safety and Aerospace & Defence—as well as the successful expansion of production capacity at the plant in Thailand. electrovac also benefited from favorable pricing effects.
Dieter Thumfart, CEO of electrovac, commented: “We are very pleased that the positive trend communicated in connection with our initial public offering in April has continued, driven in particular by a strong second half of the 2025/2026 financial year. Looking at the current financial year, this development continued as expected in the first quarter. Following our successful initial public offering, we are now ideally positioned to further expand our market share and strengthen our technological leadership in glass-to-metal packages for the Personal Safety and Aerospace & Defence business areas.”
In the first quarter of the current 2026/2027 financial year, revenue reached approximately EUR 31.5 million, representing a 14% increase year on year. The company recorded very strong order intake in the first quarter, particularly in the Aerospace & Defence sector, with a book-to-bill ratio of 2.96, and in the Industrial sector, with a ratio of 1.66.
The audited annual and consolidated financial statements for the 2025/2026 financial year will be published on August 14, 2026, with an earnings call scheduled for the same day at 11:00 a.m. CEST. For more information, visit www.electrovac.com.
This announcement underscores electrovac's strong market position and growth trajectory, particularly in high-demand sectors like aerospace and defense. The company's ability to scale production and maintain robust order intake suggests sustained momentum, with implications for investors and the broader electronics protection industry.
