Key takeaways from the past 3 months
Financials results showing clear signs
of rebound
Continuous financial strength
Limited impact on announced
US tariffs
"Cautiously positive" on business outlook
1Q25 Net sales - €47.2m, up 7% QoQ and above guidance
Clea revenues - €5.9m, contributing 13% of our overall top line
Gross profit margin - 53.2%, improving vs. FY24 and above guidance
EBITDA Adj. - €9.4m, back above 20.0% margin
Adj. Net financial position - €50.2m at 31st March 2025
Continued focus on Net Working Capital and Cash Generation
The US is still a relatively small part of our business (c.14% in 1Q25)
Strong pricing power demonstrated by our ability to fully pass through tariff impact
2025 budget, assuming good growth in the region, already mostly covered by contracted orders
Confirmation that the destocking is indeed behind us - with clear V-shaped recovery on all KPIs
Rebound in order intake - with most clients back to historical levels, except in DACH
Record level project pipeline - driven by high demand for new products from industrial players
Detailed 1Q 2025 Results
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Seco S.p.A. published this content on May 08, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 08, 2025 at 09:20 UTC.
Seco SpA is an Italy-based technology company. It is specialized in the miniaturization of computers and the Internet of Things (IoT), covering the whole supply chain. The Company offers a range of products and services through two segments: Products and Services. Its Products offering includes different kind of customizable circuits while the Services offering includes Services and Solutions and IoT Solutions. Services and Solutions provides design, development and project support, among others. IoT Solutions provides software and hardware solutions, such as prototyping tools and connectivity, among others. The Company operates globally in the transportation, industrial automation, medical, domotics, utilities and security industries, among others.
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