SBF AG Reports Improved Profitability Despite Revenue Decline in 2025
SBF AG published its 2025 annual report, showing a revenue decline to EUR 40.7 million but a significant EBITDA increase to EUR 1.0 million, highlighting improved profitability amid challenging market conditions.
SBF AG (ISIN: DE000A2AAE22; WKN: A2AAE2), a specialist in rolling stock, lighting, electromechanics and sensor technology, today published its Annual Report 2025, confirming preliminary figures. The company generated consolidated revenue of EUR 40.7 million, at the upper end of the forecast range of EUR 39 million to EUR 41 million, down from EUR 47.2 million in 2024. However, EBITDA rose sharply to EUR 1.0 million from EUR 0.6 million, increasing the EBITDA margin to 2.5% from 1.3%.
“Our earnings performance shows that our strategic adjustments are taking us in the right direction. In an exceptionally challenging environment for the manufacturing industry, we were able to significantly improve our profitability despite restructuring-related burdens. We will continue on this path by expanding sales activities, optimizing cost structures and consistently unlocking SBF’s potential,” explained Robert Stöcklinger, Member of the Management Board of SBF AG.
The three business divisions faced different headwinds. The Rolling Stock division generated revenue of EUR 18.9 million (2024: EUR 21.0 million) and EBITDA of EUR 1.8 million (2024: EUR 2.9 million), impacted by project postponements due to customer-side capacity and supply chain issues. The Public and Industrial Lighting division posted revenue of EUR 9.8 million (2024: EUR 12.0 million) and EBITDA of EUR -1.7 million (2024: EUR -1.9 million), hurt by project delays in the municipal sector and costs from relocating production. The Sensor Technology and Electromechanics division, through AMS Software & Elektronik GmbH, generated revenue of EUR 12.7 million (2024: EUR 14.9 million) but exceeded EBITDA expectations at EUR 1.5 million (2024: EUR -0.8 million), benefiting from integration synergies.
SBF implemented key Group-wide measures in 2025 to improve its structural and operational setup, including efficiency enhancements, optimization of production capacities, and expansion of its site in Ceske Budejovice, Czech Republic. The site now provides mechanical production and assembly for all divisions from a single source, laying the groundwork for efficiency gains from 2026 onward.
The Annual Report 2025 is available for download on the company’s website at https://www.sbf-ag.com/investor-relations/finanzpublikationen/. For more information about SBF Group, visit https://www.sbf-ag.com.