Cavotec Group posted a net loss of EUR 1.4 million for 2025. The company faced continued customer caution amid market uncertainty.
Operating cash flow surged 103% to EUR 12.6 million for the full year. The improvement came from lower working capital requirements. Net debt decreased to EUR 8.8 million from EUR 15.3 million at year-end 2024.
Revenue declined 8.7% to EUR 159.7 million. Order intake fell 11.4% to EUR 157.5 million. Operating profit dropped 71% to EUR 3.2 million. The operating margin fell to 2.0% from 6.2% in 2024.
The fourth quarter showed improvement. Revenue increased 9.1% to EUR 49.5 million. The company posted net income of EUR 1.7 million. Operating cash flow jumped 161% to EUR 6.0 million.
CEO David Pagels said the company will initiate cost-saving measures in 2026. Customers remain cautious about investments despite strong interest in electrification solutions. The company relocated its head office from Switzerland to Sweden last year to improve efficiency.
Cavotec secured several contracts during the quarter. The company won orders worth EUR 9.4 million for shore power systems from a major container shipping line. It also signed its first shore power contract in the Maldives.
The Board proposed no dividend for 2025 to strengthen the financial position. Order backlog stood at EUR 124.2 million at year-end. The leverage ratio was 0.96x.
