Gefran reports revenue growth in first nine months of 2025

In recent days, Gefran's Board of Directors approved the consolidated results for the period ending 30 September 2025, which, as Chief Executive Officer Marcello Perini stated, "confirm the solidity and resilience of the Gefran Group, capable of growing with determination even in a macroeconomic and geopolitical context characterised by strong uncertainty".

"The revenue increase, driven particularly by the positive performance of the sensors business, the dynamism of demand from Asian markets and the contribution of recent acquisitions, demonstrates the coherence and effectiveness of our industrial and commercial strategy. The group has managed to preserve very positive margins, despite pricing pressures and currency fluctuations. This result stems from effective management in countering both pressure on added value and the increase in operating costs. In this scenario, we look confidently to the final quarter of the year, certain of being able to further consolidate the positive trends already underway and continue generating sustainable value over time", Perini added.

In the first nine months of 2025, revenue totalled 105.1 million euros, showing growth of 4.5% compared to the same period in 2024, when it amounted to 100.6 million euros. Part of the increase is attributable to the acquisition of CZ Elettronica, worth a total of 1.5 million euros, net of which revenue growth on a like-for-like basis would be 3%. Exchange rate movements had a negative impact on first nine months' revenue (approximately 1.6%), due to the observed evolution of currencies, particularly the Brazilian real, Chinese renminbi, Indian rupee and US dollar.

Analysis of revenue by geographical area, compared with that recorded at 30 September 2024, reveals good performance in the majority of areas where the group operates, with the most significant increase recorded in the domestic market, where growth of 8.4% was registered (without considering revenue generated by the CZ Elettronica acquisition, it would be +3.7%). The Europe area also increased (+1.4%), as did the Asia area (+6.2%, where currency dynamics also had a negative impact; without these, the increase would have been +9.6%). Regarding the Americas area, a contraction was recorded (overall -0.6%), due to the negative effect of currency movements, net of which an increase in revenue compared to the previous year would be noted (+4.5%).

In terms of business areas, again compared to data from 30 September 2024, revenue generated by the sensors segment increased (by 7.1%, which net of exchange rate effects would rise to 9%) across all geographies reached by commercial activity (Italy and Asia in particular). Growth in the automation components segment was more modest (1.6%), influenced, amongst other factors, by revenue contributed by the newly acquired company CZ Elettronica, whose operational activity falls within this segment. On a like-for-like consolidation basis, a decline would be recorded for the automation components segment (-1.9%).

Analysing order intake for the first nine months of 2025, compared to the same period in 2024, an increase is noted (4.2% overall, which net of orders contributed by the acquired subsidiary would be 3.7%), driven by an increase in orders collected for the sensors business (+7.7%). For the automation components business, order intake contracted compared to the first nine months of the previous year (-1.9%).