Prodways Group (PWG) Q3 2025 TU earnings summary

Executive summary

• Q3 2025 revenue was €12 million, down 6% year-over-year compared to the corrected Q3 2024 figure of €12.7 million.

• Nine-month 2025 revenue totaled €39.9 million, a 9% decrease from €43.8 million in the same period of 2024.

Financial highlights

• Systems division Q3 2025 revenue rose 4% year-over-year to €5.8 million, driven by printer and material sales.

• Products division Q3 2025 revenue fell 14% year-over-year to €6.2 million, continuing a downward trend.

• Digital Manufacturing activity in Products remained lower than last year, especially in Germany, which saw a €0.7 million decline.

• Audiology revenues decreased by €0.2 million year-over-year due to lower industrial customer sales.

Outlook and guidance

• Revenue target for 2025 is around €55 million, at the low end of revised guidance, compared to €59 million in 2024.

• Management aims to improve current EBITDA rate through rigorous cost control.