WashTec AG Reports 5.6% Revenue Growth in First Half of 2025

WashTec AG announced a 5.6% increase in revenue for the first half of 2025, reaching €232.5 million, up from €220.2 million the previous year. The revenue growth was primarily driven by strong performance in Europe and other regions, despite a decline in the North American market.

The company also reported a 6.0% rise in EBIT to €17.6 million, maintaining an EBIT margin of 7.6%. The second quarter specifically saw a notable 10.4% rise in EBIT compared to the previous year, attributed to positive results in Europe.

WashTec's free cash flow remained stable at €20.0 million, and orders for equipment surged in the first six months, leading to a strong order backlog. The company remains confident in its fiscal year 2025 guidance, assuming stable global trade conditions.

CEO Michael Drolshagen highlighted the successful launch of the SmartCare Connect car wash as a key achievement in the first half of the year.