electrovac AG, a specialist in hermetic glass-to-metal packages for protecting safety- and system-critical electronics, has reported significant growth in revenue and earnings based on preliminary figures for the 2025/2026 financial year ended 31 March 2026. Revenue increased 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) rose by around 56% to approximately EUR 14.2 million, compared to EUR 9.1 million in the prior year. The EBIT margin improved to 12.0%, up from 9.3% in the previous year. Adjusted for costs incurred in connection with the initial public offering during the reporting period, EBIT amounted to around EUR 14.8 million, with an adjusted EBIT margin of 12.5%.
The positive development in revenue and earnings was primarily attributable to increased demand in both strategic business areas: Personal Safety and Aerospace & Defence. The company also benefited from the successful expansion of production capacity at its plant in Thailand and positive 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, the momentum continued in the first quarter of 2026/2027, with revenue reaching approximately EUR 31.5 million, around 14% above the previous-year level. 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 book-to-bill ratio of 1.66. Thumfart added: “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.”
The electrovac Group, headquartered in Salzweg, Germany, employs about 550 people and operates four production sites in Germany, Austria, and Thailand, serving more than 250 customers worldwide. The company’s customized solutions range from small batch niche products to high-volume series production, used across applications in electronics, sensors, and actuators. This includes Personal Safety systems such as airbags and seatbelt components, special solutions for Aerospace and Defence in satellite technology or military equipment, and various solutions within Other Mobility and Industry.
electrovac AG will publish its full audited annual and consolidated financial statements for the 2025/2026 financial year on 14 August 2026 and will hold an earnings call at 11:00 a.m. CEST on the same day. For more information, visit www.electrovac.com.
