JOST Werke SE Reports Positive Start to Fiscal Year 2025 with Hyva Acquisition

JOST Werke SE began 2025 on a strong note, thanks to the acquisition of Hyva, with sales increasing by 25% to EUR 374 million. The integration of Hyva, a leader in safety systems for commercial vehicles, significantly contributed to this growth. Adjusted EBIT rose to EUR 36 million, showcasing resilience amidst a challenging market environment.

JOST's CEO, Joachim Dürr, highlighted the positive customer feedback and faster-than-expected sales of Hyva products. The company's strategic expansion into the APAC region supported the positive results, although North America faced challenges in the transport and agriculture sectors.

The EBIT margin dropped due to integration costs, but future synergies could boost profitability within the company’s strategic margin target. Despite increased net debt post-acquisition, leverage was kept below the 2.5x mark, with a free cash flow surge of 26% year-on-year.