on Cardea Holding GmbH (ETR:CEA)
FRIWO AG Adjusts 2026 Forecast Amid Market Challenges
FRIWO AG, a global player in power supply and charging technology based in Ostbevern, faces ongoing market difficulties as 2026 draws to a close. The company cites weak macroeconomic conditions, leading to reduced customer demand and lower order volumes. Notably, the e-mobility and robotic lawn mowing sectors are under increased competitive pressure, particularly from cost-effective Asian competitors. Consequently, FRIWO revises its 2026 revenue forecast to €55-57 million, down from the previous €60 million estimate, with expected adjusted EBIT losses in the low to mid single-digit millions.
Despite these challenges, FRIWO remains committed to clients prioritizing quality and innovation, especially through Medical & Healthcare Solutions and strategic growth partnerships. With a book-to-bill ratio of 1.3, the company continues to secure long-term contracts and new projects, though revenue benefits are anticipated to materialize mainly in 2027.
R. H.
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