Polytec Holding AG
VSE:PYT
Polytec Holding AG
Polytec Holding AG engages in the development and manufacture of plastic and metal parts. The company is headquartered in Hoersching, Oberoesterreich. The company went IPO on 2006-04-28. The Company’s activities are divided into four business units: Plastics, which supplies plastic components for engines and interior of passenger cars and non-automotive industry; Composites, which provides exterior and engine parts for commercial and passenger vehicles; Car Styling, offering accessories, small parts and systems for vehicles; and Industrial, which produces plastic molded components and polyurethane coatings. The firm operates in Germany, Austria, the United Kingdom, United States, Belgium, and Spain, among others. The company is the parent of Polytec Group, which comprises a number of entities, such as Polytec Invest GmbH, Polytec Foha Inc, Polytec Car Styling Bromyard Ltd, Polytec Plastics Ebensee GmbH and Polytec Interior Zaragoza SL. In October 2014, it signed an agreement to acquire the Division Plastics Solutions from the Voestalpine Group.
Sales Growth: POLYTEC grew sales by 2.3% to EUR 357.6 million, bucking a negative market trend in European vehicle production.
Profitability: EBIT improved to EUR 5.6 million with an EBIT margin of 1.6%, up 0.6 percentage points year-on-year. Net profit turned positive at EUR 1.4 million.
Cost Actions: Personnel costs were reduced by 2.5%, helped by a headcount reduction of 300 FTEs or 7.7%. One-off restructuring costs of EUR 3 million were absorbed.
Plant Closure: The Weierbach plant will close in early 2026 due to challenging market conditions, with minimal impact on 2025 results or guidance.
Outlook Unchanged: Guidance for full-year 2025 remains at EUR 650–700 million sales and 2–3% EBIT margin, with management expressing cautious optimism despite industry headwinds.
Electromobility & Diversification: Positive momentum seen in e-mobility after earlier project delays; smart plastics and non-automotive packaging cited as emerging growth areas.
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