Cherry SE Releases Half-Year Report 2025

Munich, 26 September 2025 – Cherry SE, a global producer of computer input devices, has released its half-year report for 2025. The company managed to confirm its annual guidance previously issued on 21 July. First half-year revenues totaled €46.0 million, a decline from €61.6 million in the same period of 2024, largely due to reduced shipments and weak market demand.

The adjusted Group EBITDA margin was recorded at -4.9%, slightly better than anticipated but a drop from 4.0% in 2024. Production relocation to China and restructuring at the Auerbach site affected results. Measures were taken to prevent heavily discounted sell-in strategies and to enhance sell-through rates, aiming to stabilize market prices.

Cash reserves stood at €7.9 million at the half-year mark, with inventory reduced to €43.1 million. Cherry SE anticipates 2025 revenues between €100–115 million with an EBITDA margin of 0% to 2%. An extraordinary General Meeting will address the company's equity position soon.