Aumann (AAG) Q2 2025 earnings summary

Executive summary

• Maintained strong profitability in H1 2025 with a 10.5% EBITDA margin despite a 23% revenue decline and challenging market conditions.

• Order intake dropped 30.8% to €90 million, mainly due to market volatility, tariffs, and subdued automotive investment.

• Strategic focus is expanding beyond automotive, with Next Automation segment targeting clean tech, aerospace, and life sciences.

• E-mobility remains a core market, but order intake and backlog declined sharply.

• Strong net cash position of €104.9 million and equity ratio of 63.3% at end of June 2025.

Financial highlights

• H1 2025 revenue was €108.3 million, down 23% year-over-year, in line with full-year guidance.

• EBITDA margin held at 10.5%, with EBITDA of €11.4 million, down 24% year-over-year.

• Order intake dropped 31% to €90 million; order backlog fell 44% to €162.4 million.

• Net cash position of €104.9 million and equity ratio of 63.3% as of June 30, 2025.

• Net profit for H1 2025 was €6.4 million, down 30.6% year-over-year.

Outlook and guidance

• Full-year 2025 revenue expected between €210 million and €230 million, with EBITDA margin guidance at 8–10%.

• Guidance supported by a quality order backlog and flexible cost structure.

• Ongoing focus on diversification, especially in Next Automation.

• Anticipates industry recovery as geopolitical climate stabilizes and BEV sales remain strong.