Teknia reports €408 million in revenue in 2025, strengthens profitability and advances its operational efficiency plan

• The company delivered a 19% increase in EBIT, reaching €20.6 million, supported by a solid EBITDA-to-cash conversion of 59%

• Teknia discontinued operations at two manufacturing plants, in Turkey and Germany, in response to market conditions and as part of its efforts to enhance operational efficiency

• The Group is currently developing a new strategic plan with a 2029 horizon, aimed at sustaining profitable growth 

Elorrio, 27 April 2026.- Teknia, a multinational company specializing in the manufacture of metal and plastic components for mobility, recorded revenues of €408 million in 2025, maintaining stability (+0.3%) year on year. The company outperformed market in the countries where it operates, where manufacturing volumes declined by 1%, according to S&P Global data.

In this challenging context, Teknia improved its profitability, with EBITDA increasing to €41.6 million, representing a 2% improvement excluding non‑recurring restructuring costs. As a result, the EBITDA margin on sales increased to 10.2%. EBIT also increased by 19%, reaching €20.6 million.Teknia maintained strong financial discipline throughout the year, which enabled the Group to further strengthen its cash position. EBITDA-to-cash conversion stood at 59%, with liquidity reaching €52.9 million, representing a 54% increase compared with 2024.

In addition, leverage declined, with the net debt-to-EBITDA ratio improving to 1.58x from 2.08x in 2024, driven by a 23% reduction in net debt year on year. The company also significantly moderated capital expenditure to adapt to the new market environment, which is experiencing a slowdown in electrification projects. As a result, investment decreased by 42% to €22.6 million.

Discontinuation of industrial operations in Turkey and Germany

These results were delivered in a highly challenging industry context, with the Group undergoing significant reorganization aimed at adapting to market conditions and enhancing operational efficiency. Accordingly, in 2025 Teknia completed the discontinuations of Teknia Gebze and Teknia Stuttgart, leading to the end of its industrial operations in Turkey and Germany, respectively.

This decision was taken within the framework of the Elcano Plan, which includes a reconfiguration of the Group’s perimeter aimed at strengthening the focus on its strategic activities, optimizing its organizational structure and preserving its recurring capacity to generate earnings and cash flows. As a result of this reorganization, Teknia’s workforce decreased by 7.5% in 2025, to approximately 3,300 employees.

Accordingly, this process, which implied costs amounting to €8.9 million, had a significant impact on net profit, which declined by 61% to €1.2 million. However, excluding these non‑recurring costs, the Group’s net profit from continuing operations would have amounted to €10.1 million, representing a 98% increase compared with 2024.

Teknia expects to present its new strategic plan during this year, aimed at further enhancing the Group’s operational efficiency, with a focus on increasing operating profitability while preserving cash generation and financial strength. In parallel, the company remains committed to its growth plans and continues to actively manage potential acquisition opportunities.

Javier Quesada de Luis, CEO of Teknia, stated: “From a financial standpoint, 2025 would have been a very strong year; however, we were required to take difficult decisions, including the discontinuation of operations at two plants. Despite this situation, driven by challenging sector conditions in certain markets, we continued to generate cash and preserve profitability, delivering a positive net result and safeguarding the company’s future competitiveness. We remain optimistic about the future and are taking the necessary steps to strengthen our position. I am confident that we will be well prepared to lead the automotive sector as it undergoes a historic transformation.”