PFISTERER Holding SE Earnings Call Transcripts
Fiscal Year 2026
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Record order book and all-time high revenues in Q2, with strong growth in HVA and Europe/Africa. Adjusted EBITDA and net results surged, supported by robust margins and cash flow. Confident in meeting full-year guidance, with ongoing investments and favorable market trends.
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Q1 2026 delivered robust revenue and profit growth, led by high voltage and overhead line segments, with strong gains in Europe, Middle East, and the Americas. Gross margin and EBITDA reached record highs, and management expects continued momentum, supported by a strong order book.
Fiscal Year 2025
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2025 saw robust revenue, profit, and order growth, driven by electrification trends and grid upgrades. Outlook remains strong with double-digit growth expected, major CapEx planned, and continued margin expansion, despite temporary cost pressures and regional risks.
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Order intake and revenue grew strongly across all regions and segments, with gross margin and EBITDA margins improving year-over-year. The company reduced net debt, executed a successful IPO, and advanced its HVDC product line, while managing risks from a factory fire through insurance.
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Order intake surged 44.7% year-over-year and revenues rose 9.5% in H1 2025, with gross margin up to 42.1% and net profit up 33.1%. The IPO reduced net debt and enabled major investments, while all regions and segments contributed to growth, especially the Middle East.
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Order intake and order book surged by over 35% and 44% year-over-year, with stable revenues and a 3.7 percentage point gross margin improvement. Adjusted EBITDA margin rose to 20.9% despite one-off IPO and relocation costs, and double-digit growth is expected for 2025.