Adval Tech Holding AG (ADVN.SW) Tuesday said that its loss widened in the first half of the year, impacted by challenges in the automotive target market. The company, however, remained upbeat about its profitability in the second half of fiscal 2025.
The Swiss manufacturer of precision metal and plastic components reported net loss of 4.7 million Swiss francs in the first half of 2025, wider than net loss of 3.3 million francs in the same period a year ago.
During the first six months, the company's total income declined to 79.5 million francs from 90.3 million francs in the last year period. According to Adval Tech Holding, net turnover also fell to 77.7 million francs from 85.3 million francs in the corresponding period of 2024.
The company said that EBITDA for the half-year period was 0.8 million francs, lower than 3.5 million francs in the previous-year period.
Looking ahead, Adval Tech Holding expects better profit in the second half of the year, in comparison to the first half. The company said that although the economic conditions look challenging, it expects opportunities for further development and expansion in all target markets.
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