Corporate | 14 August 2025 08:00


Viscom SE increases incoming orders in the first half of 2025 in a difficult market environment; annual forecast confirmed

Viscom SE / Key word(s): Half Year Results/Half Year Report
Viscom SE increases incoming orders in the first half of 2025 in a difficult market environment; annual forecast confirmed

14.08.2025 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


Viscom SE increases incoming orders in the first half of 2025 in a difficult market environment; annual forecast confirmed

Incoming orders: 42,776 thousand (previous year: € 36,910 thousand); +15.9 %
Revenue: €
39,290 tho usand (previous year: € 41,304 thousand); -4.9 %
EBIT: €
52 thousand (previous year: € -4,844 thousand)
EBIT-Margin: 0.1 % (previous year: -11.7 %)

Hanover, 14 August 2025 – The first half of the 2025 financial year developed in line with Viscom SE’s (ISIN: DE0007846867) expectations. Viscom’s assumptions regarding continued subdued demand in the markets were confirmed. As expected, the faltering transformation in the European automotive industry combined with overcapacity in electronics production also had an impact on the business development of the Lower Saxony-based mechanical engineering company. The measures implemented within the Viscom Group in the past year were therefore correct and appropriate. Global uncertainties and trade barriers are noticeable, but general market trends such as electrification, digitalisation, mobility and security are shaping the future and are omnipresent. Viscom SE has optimised its portfolio and technologies to serve these trends and still considers itself very well positioned in the current difficult market environment. Customers placed orders totalling € 42,776 thousand with Viscom SE in the first half of 2025. This represents a 15.9 % increase in incoming orders compared to the same period of the previous year (previous year: € 36,910 thousand). At € 39,290 thousand, sales in the first six months of the 2025 financial year were 4.9 % below the comparable figure from the previous year (previous year: € 41,304 thousand). The result from operating activities (EBIT), which was significantly higher than the previous year’s figure, was mainly positively impacted by lower personnel expenses. Expenses for exchange rate differences totalling € 591 thousand (previous year: income of € 168 thousand) had a negative impact on earnings. Total operating performance (total operating performance defined as sales revenue plus the change in inventories of finished goods and work in progress and other own work capitalised) increased by € 1,021 thousand to € 39,081 thousand (previous year: € 38,060 thousand). The cost of materials increased slightly by € 152 thousand to € 12,945 thousand (previous year: € 12,793 thousand). Personnel expenses fell significantly to € 17,454 thousand (previous year: € 20,773 thousand) due to a lower number of employees. Earnings were also boosted in particular by the decline in other operating expenses (€ 6,093 thousand; previous year: € 6,709 thousand). Viscom SE closed the first half of 2025 with slightly positive EBIT of € 52 thousand (previous year: € -4,844 thousand). This corresponded to an EBIT-Margin of 0.1 % (previous year: -11.7 %). The result for the period totalled € -674 thousand (previous year: € -4,104 thousand).

In the first half of 2025, electronics suppliers, primarily from the automotive sector, remained markedly reluctant to invest in the Europe region. Viscom SE’s customers are still postponing investment decisions, making planning impossible. Existing capacities, however, are increasingly being optimised by customers, which in turn opens up opportunities for Viscom in the service business. The European strategy of becoming more independent also offers new opportunities for the company. Viscom assumes that its customers will once again produce more in Europe, and the Aerospace & Defence sector also represents further prospects for Viscom. In the second quarter of 2025, a major order with a low single-digit million euro value was placed in the area of battery production, the majority of which will not impact revenue until 2026.

Customers in the Americas region continued to show great interest in Viscom inspection solutions in the first half of 2025, which was particularly evident at the Space Tech Expo trade fair. Despite the positive signals from all sectors, the development of incoming orders in the Americas region was nevertheless more subdued than expected. The uncertainties in connection with customs policy are noticeable. However, a more positive business trend is expected in the second half of 2025 due to the projects currently being initiated.

The Asia region was able to continue the positive earnings trend of the last three quarters. Customers in China showed the strongest willingness to invest. Competitive pressure, particularly from China, continues to rise, and it remains difficult to predict the investment behaviour of Viscom customers. Viscom expects to see an increase in investment in the second half of 2025 due to positive signals in India.

The management of Viscom SE remains cautiously optimistic about the 2025 financial year, as the general forecasts for expected economic growth in 2025 are low. Interest rates and the associated high financing costs are limiting the scope for investment. Discussions with customers show that demand is currently weakening for German brands in particular, especially in the automotive electronics sector. Viscom does not expect this situation to change significantly over the remainder of the year. Despite the current challenges, the company believes it is well positioned to generate growth again from 2026. For the 2025 financial year, the management continues to expect incoming orders and target revenue of € 80 to € 90 million, with an EBIT-Margin of between 2 % and 5 %. This corresponds to EBIT of between € 1.6 to € 4.5 million.

The interim report as at 30 June 2025 is available for download now in the Investor Relations section of the website at www.viscom.com.

OPERATING FIGURES

Consolidated statement of comprehensive income 1 Jan. to
30 June 2025
1 Jan. to
30 June 2024
Revenue K€ 39,290 41,304
EBIT K€ 52 -4,844
EBIT-Margin % 0.1 -11.7
Net profit for the period K€ -674 -4,104
Earnings per share -0.07 -0.47
Employees at end of quarter 460 583
Consolidated statement of financial position 30 June 2025 31 Dec. 2024
Assets
Current assets K€ 59,814 58,291
Non-current assets K€ 33,750 36,354
Total assets K€ 93,564 94,645
Equity and liabilities
Current liabilities K€ 32,560 30,468
Non-current liabilities K€ 12,114 13,494
Equity K€ 48,890 50,683
Total equity and liabilities K€ 93,564 94,645
Equity ratio % 52.3 53.6
Consolidated statement
of cash flows
1 Jan. to
30 June 2025
1 Jan. to
30 June 2024
Cash flow from operating activities K€ -2,994 15,084
Cash flow from investing activities K€ -1,437 -2,192
Cash flow from financing activities K€ 3,526 -11,974 *
Cash and cash equivalents K€ 4,350 6,391 *

*adjusted; current account liabilities are no longer recognised in cash and cash equivalents (for further details, please refer to the Annual Report 2024 on page 140).

SEGMENT INFORMATION

1 Jan. to
30 June 2025
1 Jan. to
30 June 2024
EUROPE
Revenue K€ 21,876 26,522
EBIT K€ -792 -4,784
EBIT-Margin % -3.6 -18.0
AMERICAS
Revenue K€ 5,382 6,047
EBIT K€ 85 143
EBIT-Margin % 1.6 2.4
ASIA
Revenue K€ 12,032 8,735
EBIT K€ 252 -524
EBIT-Margin % 2.1 -6.0
EBIT consolidation differences K€ 507 321

About Viscom

Viscom SE develops, manufactures and sells high-quality inspection systems. Its product range covers the full range of optical inspection and X-ray inspection. The company is a leading global provider in the field of assembly inspection for electronics manufacturing. Viscom’s systems can be configured for each individual customer and networked. Its headquarters and manufacturing site are in Hanover. With a large network of branches, application centres, service centres and representatives, Viscom is represented all over the world. Established in 1984, Viscom SE has been listed on the Frankfurt Stock Exchange since 2006 (ISIN: DE0007846867). Further information can be found at www.viscom.com.

Any forecasts, expectations or statements concerning the future included in this release may be subject to risk or uncertainty. We therefore cannot guarantee that the expectations will prove correct. Actual results and developments may differ significantly from the expectations and assumptions expressed. The factors that could cause such deviations include changes in the general economic and competitive situation, exchange rate and interest rate fluctuations and changes in national and international law. The company assumes no obligation to update the forward-looking statements in this release.


Contact:
Viscom SE
Investor Relations
Sandra M. Liedtke
Carl-Buderus-Str. 9-15
30455 Hannover
Tel.: +49-511-94996-791
Fax: +49-511-94996-555
investor.relations@viscom.de


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The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Viscom SE
Carl-Buderus-Str. 9-15
30455 Hannover
Germany
Phone: +49 (0) 511 94 996 791
Fax: +49 (0) 511 94 996 555
E-mail: investor.relations@viscom.de
Internet: www.viscom.com
ISIN: DE0007846867
WKN: 784686
Listed: Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2183190

End of News EQS News Service

2183190  14.08.2025 CET/CEST