Cherry SE's AGM Endorses Strategic Shift

Cherry SE's Annual General Meeting on July 22, 2025, received strong shareholder backing for its new strategic direction. The majority passed all board proposals. Key achievements include reducing inventories significantly, focusing on the health sector and discontinuing the SmartLink project, which allows Cherry SE to expand its Digital Health segment with new SaaS models. Changes in the finance department were also announced.

With 37% of the share capital present, shareholders confirmed the company's restructuring strategy. Oliver Kaltner, CEO, noted the confidence shareholders have in the company's focus on efficiency, liquidity, and growth in the digital health sector. Inventory levels dropped to EUR 43.1 million from a peak of EUR 82 million, enhancing resource management efficiency.

The Gaming & Office Peripherals division also reported progress. Meanwhile, Volker Christ will leave his finance role on July 31, with CEO Oliver Kaltner temporarily managing the department as a new CFO is sought.