Technotrans Secures Stable Performance Amidst Economic Challenges

Technotrans SE maintains a steady course despite a challenging economic environment, with consolidated revenue for the first nine months of 2024 at €175.5 million, down from €199.3 million the previous year. The EBIT margin stood at 4.3%, compared to 5.1% in the prior year. This included one-off expenses of €1.3 million, which, when adjusted, match the previous year's 5.1% margin.

The Energy Management sector was a strong performer, witnessing a 27% revenue increase. Despite macroeconomic pressures, Technotrans forecasts 2024 revenues between €245 million and €270 million, with an EBIT margin ranging from 5.5% to 7.5%. For 2025, projections have been adjusted, with expected revenues of €245 million to €265 million and an EBIT margin between 7.0% and 9.0%.

CEO Michael Finger attributed the stable performance to robust growth in Energy Management and a significant order in battery thermal management systems. The ttSprint efficiency program continues towards completion, expected to finalize by end of 2024.