Interim Report 2025
Elma with solid results
CH-Wetzikon, August 20, 2025 – In the first half of 2025, the Elma Group continued its transformation process and closed the reporting period with solid results despite geopolitical and economic uncertainties as well as significant disruptions in the exchange rate of the US Dollar. Overall, Elma increased its revenue by 0.6% to CHF 92.3 mn compared with the previous year and achieved a profit of CHF 4.4 mn in the first half of 2025. All three regions contributed to the solid result; particularly the Europe region benefited from robust demand for Elma’s system solutions in the growing Defense sector and made an above-average contribution to overall success.
The operating result (EBIT) reflects the investments in transformation as well as necessary adjustments to organizational structures and business processes, resulting in the EBIT being slightly lower than the previous year. With the introduction of a new generation of modern IT systems (ERP, PDM, CRM), the precondition for sustainable efficiency increases and higher agility are being created to ensure profitable growth in the future.
The construction projects in Romania and Switzerland are progressing as planned; the groundbreaking ceremony for the new factory in Timisoara took place on August 8, 2025, and at the headquarters in Wetzikon, it is scheduled for September 22, 2025. With this investment program, the Elma Group is positioning itself for the future, strengthen its competitiveness, and ultimately reduce interdependence within the regions. The vision is to make the regions self-sufficient in terms of production while remaining as interconnected as possible in terms of innovation.
─ Net sales increased by 0.6% to CHF 92.3 mn (previous year: CHF 91.8 mn); adjusted for currency effects +3.1%
─ EBIT of CHF 5.7 mn (previous year: CHF 6.0 mn)
─ Profit of CHF 4.4 mn on previous year’s level (previous year: CHF 4.5 mn)
─ High equity ratio of 55.1% (December 31, 2024: 52.8%)
─ Net debts of CHF 5.4 mn (December 31, 2024: CHF 1.1 mn)
─ Order income increased by 28.7% to CHF 85.2 mn (previous year: CHF 66.2 mn*; adjusted for currency effects +32.2%
─ Operating cash flow temporarily lower