Concerns over US tariff policy and currency effects “burdened” print, and meant the technotrans’ focus market made a subdued start to its financial year, the company has reported.
Nevertheless, chief executive Michael Finger reported a strong start to group markets, with an increased EBIT of seven per cent and a “dynamic start” to markets such as energy management and healthcare & analytics.
Plastics – grouped with print – was also still affected by a weak economic environment, although initial signs of improvement indicated by a strong order book.
The company reported consolidated revenue of 54.9 million Euros (A$89.3 million), down on the previous year’s 60.1 million Euros because of economic conditions
Finger reported the new year had started “as expected with high earnings quality.
“With the launch of our new ‘ready for growth’ strategy, we are consistently aligning technotrans with profitable growth, higher cash flow generation and structurally attractive future markets."
Building on a successfully completed 2025 strategy, the new strategy focuses the group on profitable growth, a sustainable increase in earnings power and stronger cash flow generation. “By 2030, technotrans is targetting consolidated revenue of more than 350 million Euros, an EBIT margin of nine to 12 per cent, and a sustainable improvement in free cash flow,” he says. “The strategy addresses structurally attractive future markets driven by megatrends such as artificial intelligence, electrification, decarbonisation, digitalisation and medical progress.”