Market outlook and financial guidance 2025

The most important factor affecting Etteplan’s business is the global development of the machinery and metal industry. Uncertainty has again increased in the markets due to geopolitical tensions and the global political situation. During the first quarter of the year, the market situation already showed slight signs of a recovery, until the development of the trade war increased uncertainty in the markets and weakened our demand outlook. In the changed global situation, investments related to the defense industry continue to increase, and investments in the energy industry are at a moderate level. In our other customer industries, the uncertainty in the operating environment makes it considerably more difficult for our customers to make investment decisions and keeps the demand situation at a low level. Predicting the market situation is very difficult at this time but, in spite of everything, we do not expect the demand situation to deteriorate from its current level in 2025.

Etteplan specifies its financial guidance for revenue and operating profit (EBIT) within the previously communicated range and issues the following estimate:

Revenue in 2025 is as estimated to be EUR 365–395 (2024: 361.0) million, and

operating profit (EBIT) in 2025 is estimated to be EUR 23–28 (2024: 18.4) million.

Previous financial guidance 2025 (February 12, 2025):
Etteplan issues guidance for revenue and operating profit (EBIT) as a numerical range and issues the following estimate:

Revenue in 2025 is estimated to be EUR 365–400 (2024: 361.0) million, and

operating profit (EBIT) in 2025 is estimated to be EUR 23–30 (2024: 18.4) million.


Updated May 5, 2025