Friwo AG Reports Increased Equity and Strengthened Balance Sheet

Reuters
2025.11.06 07:02
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Friwo AG reported a significant improvement in its financial position, with equity rising to 9.7 million euros and an equity ratio of 19.2% as of September 30, 2025. Total assets decreased to 50.4 million euros. The company expects the equity ratio to exceed 30% by year-end due to cash inflows from the sale of its top-hat rail business. Employee numbers fell to 1,035, and the group headquarters was relocated to Ostbevern. Friwo AG reaffirmed its medium-term growth targets, aiming for a sustainable EBIT margin of over 5.0%.