FORTEC Elektronik

FORTEC Elektronik has downgraded its earnings forecast for 2025/2026 after H1 figures: the group now expects revenue of €76–80m (previously €80–85m) and operating group EBIT likely at roughly break-even. Preliminary H1 group revenue was about €37.7m and EBIT about €0.4m. Negative cash-impacting one‑off effects of €1.0–1.5m are also expected through year-end; geopolitical risks and anticipated cost increases complicate the outlook. The half‑year report will be available on the company website from 26 March 2026. » More on de.investing.com

The publication of the consolidated financial statements for the 2024/2025 fiscal year cannot take place as announced due to a matter in a foreign subsidiary that has not yet been conclusively clarified. The auditor had audited the individual financial statements with an unqualified opinion and these were approved by the supervisory board, but the consolidated audit is still open and is related to a personnel change dated 06.10.2025. The company will announce the new publication date as soon as possible; the annual financial statements will be published as planned today. » More on finanzen.net

The supervisory board of FORTEC Elektronik has with immediate effect revoked the appointment of Sandra Maile as a member and chair of the management board. In addition, Ulrich Ermel has announced that he will leave the board no later than June 30, 2026, and will not extend his term. The supervisory board intends to reorganize the company’s leadership and to fill the management board again in a structured process starting mid next year. » More on finanzen.net