Best Q1 Demand Since Record Year 2020
Order intake for Q1 2025 was around EUR 861 million, surpassing the high level of the prior year period, marking the best Q1 demand since the record-breaking year 2020.
Safety Division Performance
The Safety division showed strong performance with order intake increasing by more than 8%, driven by high demand for engineered solutions and gas detection devices.
Gross Margin Improvement
Group's gross margin increased by 0.5 percentage points to 45.8% at the end of the first 3 months.
Improvement in Operating Cash Flow
Operating cash flow improved significantly to roughly EUR 56 million, up from EUR 34 million in the prior year quarter.
Net Financial Debt Reduction
Net financial debt was further improved during the quarter, leading to a healthy leverage level.