Business development Group & Divisions

In financial year 2025, Phoenix Mecano recorded a moderate drop in sales in a challenging economic climate. The Industrial Components division largely offset the tariff-related decline in sales in the DewertOkin Technology Group division.

In the key European market, industrial activity stagnated for the third year running, while the new US tariff regime placed an additional strain on demand – particularly in the DewertOkin Technology Group division. Nevertheless, the Group’s business model proved to be resilient, with strong demand in structurally growing niche markets offsetting a significant portion of the decline in sales. The Group is well prepared for an emerging economic recovery and remains firmly committed to achieving the profitability targets set for the end of 2026.

Operating result
in EUR million

47,6

in % of sales

6,3

Group gross sales
in EUR million

Incoming orders
in EUR million

Equity ratio
In %

Enclosure Systems

Despite the challenging economic climate, sales and operating result remained stable, and profitability continued at a high level. The healthy order book at the end of the year provides a solid foundation for 2026.

Operating result
in EUR million

28,2

in % of sales

13,1

Gross sales
in EUR million

Incoming orders
in EUR million

Industrial Components

The HVDC transmission business continued to develop well. While Electrotechnical Components sales are on the road to recovery, the Automation Modules business area saw a decline in sales, which was addressed with appropriate measures.

Operating result
in EUR million

8.4

in % of sales

4.4

Gross sales
in EUR million

Incoming orders
in EUR million

DewertOkin Technology Group

Consumer uncertainty in ­furniture markets and negative currency effects led to a single-digit decline in the DOT Group’s incoming orders and sales. Cost-cutting ­measures mitigated the decline in earnings. The expansion of the product portfolio offers new growth opportunities.

Operating result
in EUR million

18,9

in % of sales

5,5

Gross sales
in EUR million

Incoming orders
in EUR million

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