GEVORKYAN Reports Impressive Growth in Q1 2025 Performance

GEVORKYAN Showcases Remarkable Growth in Q1 2025
GEVORKYAN, a.s., a key player in the field of powder metallurgy, has announced a significant increase in its financial results for the first quarter of 2025. The figures reveal that revenues surged by 11.20% to reach EUR 20.88 million. Meanwhile, the company’s EBITDA jumped to EUR 8.35 million, reflecting an impressive margin of 39.99%. This performance demonstrates the company's ongoing resilience and capacity to adapt amidst challenging economic conditions.
Strong Financial Results and Strategic Insights
The reported operating EBIT for GEVORKYAN in Q1 2025 is EUR 4.21 million, which marks a 7.15% rise compared to the same period last year. The profit after tax stood at EUR 2.98 million, indicating a remarkable increase of 26.32%. Artur Gevorkyan, Chairman of the Board, expressed optimism about the company’s outlook, stating that the strong performance underlines their capability to navigate global uncertainties effectively, combining organic growth with strategic acquisitions.
New Projects in Various Sectors
As part of its growth strategy, GEVORKYAN has successfully secured nine new long-term projects in the defense sector targeting both European and American markets. The company has also commenced mass production for a notable $30 million project won in the previous year's tender. Additionally, a significant agreement has been signed to develop components for sporting arms in the United States.
Innovations in Optoelectronic Technology
The company has successfully completed the first phase of a project focused on optoelectronic devices that leverage night vision, thermal imaging, and laser technology. Future phases are set to explore mass production opportunities for new applications within armaments and aerospace sectors.
Investment in Future Growth
Since the start of 2025, GEVORKYAN has been engaged in research and development aimed at enhancing personal safety equipment for marine and aviation industries. In the automotive sector, the company is excited about its new endeavors in robotic autonomous taxis in both North America and Europe. Further expanding its portfolio, GEVORKYAN has received orders from European production plants owned by prominent Asian brands, with series production anticipated to commence in May 2025.
Commitment to Sustainability and Innovation
GEVORKYAN remains committed to promoting and applying powder metallurgy technology in various industries where such innovations are still emerging. Recent workshops held with customer engineers have yielded discussions centered on innovative applications for superfast trains and airport security solutions. Furthermore, after extensive negotiations, the company won a pivotal project in the petrol station and oil sectors within the USA.
Modernization of Facilities for Enhanced Production
As part of its ongoing investments, GEVORKYAN has expanded its warehouse and production areas by approximately 1000 square meters, focusing on automation and robotics. The recent project to robotize two calibration presses has culminated in significant operational efficiencies, with the potential to save eight employees in production roles.
Financial Overview and Future Projections
Looking ahead, GEVORKYAN has adjusted its financial plans and expectations in light of continued growth. The company expects to surpass previous revenue benchmarks, with upcoming forecasts reflecting strong growth trajectories across various key performance indicators.
Frequently Asked Questions
What was GEVORKYAN's revenue for Q1 2025?
GEVORKYAN reported a revenue of EUR 20.88 million for Q1 2025, marking an 11.20% growth from the previous year.
What is the EBITDA margin for Q1 2025?
The EBITDA margin for GEVORKYAN in Q1 2025 stood at 39.99%.
How many new projects did GEVORKYAN secure recently?
GEVORKYAN secured nine new long-term projects primarily in the defense sector.
What sectors is GEVORKYAN focusing on for growth?
The company is focusing on various sectors including defense, aerospace, automotive, and personal safety equipment.
Who is the media contact for GEVORKYAN?
The media contact is Mgr. Monika Erdely, the Marketing Manager, reachable at marketing@gevorkyan.sk.
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