Friedrich Vorwerk achieved impressive results in the first quarter of 2025, which are confirmed by both analysts and financial data.
Revenue Growth
Revenue Increase: Revenue rose by a remarkable 73.4% compared to the previous year, reaching 133.0 million euros. This growth was driven by high utilization and the swift restart of the major project A-Nord in January.
Revenue Forecast: For the entire year, revenue of 540 to 570 million euros is expected, aiming for the upper end of the spectrum.
EBITDA Development
EBITDA amounted to 18.2 million euros in the first quarter, an increase of almost 169% compared to the previous year. The EBITDA margin improved from 8.8% to 13.7%.
For the entire year, an EBITDA margin of 16 to 17% is targeted.
Profit Development
The company’s profit multiplied to 8.6 million euros, representing a significant improvement compared to the previous year.
Order Intake
The order intake fell to 81.6 million euros compared to 121.3 million euros in the previous year. Despite the decline, the management remains optimistic for the current year.
Analyst Evaluation
Analysts from mwb research rated the company’s first quarter positively due to strong revenue and EBITDA growth.