• Consolidated revenue reaches € 175.7 million in the nine-month period

• EBIT margin improves to 7.2 %

• Quarterly revenue rises to € 62.4 million compared with the previous quarter, with an EBIT margin of 7.4 %

• Foundation for future growth: order backlog reaches an all-time high of € 103 million, with a book-to-bill ratio of 1.2

• Energy Management and Healthcare & Analytics remain growth drivers; stabilisation in Print and Plastics

• Free cash flow reaches € 5.2 million after nine months, driven by a positive contribution of € 5.7 million in Q3

• 2026 Consolidated revenue expected towards the lower end of the original € 240–260 million range; EBIT margin and free cash flow targets confirmed

As announced, the technotrans Group has progressively increased revenue and profitability over the course of the year. In the third quarter, revenue rose from € 58.4 million in the previous quarter to € 62.4 million, while the EBIT margin improved from 7.1 % to 7.4 %. After nine months, consolidated revenue amounted to € 175.7 million (previous year: € 183.5 million). Despite a 4.2 % decline in revenue, the EBIT margin increased to 7.2 % (previous year: 7.0 %). At € 12.6 million, EBIT remained nearly at the previous year’s level of € 12.8 million. Earnings per share came to € 1.12 (previous year: € 1.15). The order backlog, which rose to an all-time high of € 103 million, and the book-to-bill ratio of 1.2 underpin the prospects for growth.

“The improvement in quarterly profitability demonstrates that our strategic measures are taking effect. At the same time, the major orders for liquid cooling systems for data centres and compact temperature control units in Plastics are driving lasting progress in implementing Ready for Growth,” says Michael Finger, CEO of technotrans SE. “This creates additional revenue and scaling potential.”

Major order wins broaden the basis for growth
The Energy Management focus market grew by 7 % to € 49.0 million in the nine-month period. Excluding standard laser business, growth amounted to 19 %. In response to rising demand from data centres, technotrans expanded production by adding a fourth manufacturing line for Coolant Distribution Units (CDUs). Revenue from data centres was significantly higher than in the previous year. Healthcare & Analytics increased revenue by 6 % to € 25.1 million.

The expected stabilisation became apparent in Print and Plastics. At € 56.6 million and € 40.1 million respectively, revenue in these markets remained 8 % and 15 % below the previous year. In the Plastics focus market, technotrans secured a long-term, high-volume series production order for compact temperature control units for high-tech applications, with annual revenue potential in the low double-digit million-euro range. Significant revenue contributions from this order are expected from the 2027 financial year onwards.

Technology segment EBIT increases despite lower revenue
Technology generated EBIT of € 6.1 million on revenue of € 131.1 million (previous year: € 5.8 million). The product mix and efficiency improvements raised the segment margin to 4.6 % (previous year: 4.2 %). Services contributed to earnings stability, with virtually unchanged revenue of € 44.6 million and an EBIT margin of 14.7 % (previous year: 15.5 %).

Positive cash flow and solid capital structure
After nine months, free cash flow amounted to € 5.2 million (previous year: € 8.0 million). The third quarter alone contributed € 5.7 million. The year-on-year comparison was adversely affected in particular by the order-related build-up of working capital. With an equity ratio of 63.1 %, cash and cash equivalents of € 16.7 million and undrawn credit lines of € 20.7 million, technotrans has a solid financing base.

Revenue forecast refined; margin and cash flow targets confirmed
A follow-up order for CDUs for Asia, secured in October and worth a mid-single-digit million-euro amount, will be recognised in full as revenue in 2026. In the data centre business, technotrans expects full-year revenue to triple compared with 2025. However, the stabilisation in Print and Plastics is not expected to fully offset the year-on-year declines in revenue.

In view of the business performance to date and the continuing challenging market conditions, the Board of Management has refined its 2026 revenue forecast towards the lower end of the original range of € 240 million to € 260 million. technotrans continues to expect an EBIT margin of 6.5 % to 8.5 % and free cash flow of slightly more than € 10 million.

“Our success in securing new orders broadens the prospects for future growth. With Ready for Growth, we aim to capitalize this potential and thereby sustainably increase our earnings power as consolidated revenue grows,” emphasises Michael Finger.