IBU-tec with EBITDA boost during the first half of 2025 and battery boom

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IBU-tec with EBITDA boost during the first half of 2025 and battery boom

• EBITDA rises from EUR 0.2 million to EUR 2 million / EBITDA margin increases significantly from 0.6% to 10.4%
• Revenues of EUR 19 million as planned, below the low-margin prior year-level of EUR 24.8 million
• Positive operational developments: including development partnerships with PowerCo and the Wanhua Chemical Group
• Promising development in the battery segment continues at a strong pace after the end of the first half of the year
• Forecast for 2025 confirmed

Weimar, August 27, 2025 – IBU-tec advanced materials AG (“IBU-tec”, ISIN: DE000A0XYHT5) reports on a positive first half of 2025, which was characterized by decisive operational milestones, especially in the battery segment, as well as a significant increase in profitability. EBITDA according to German GAAP (HGB) increased very significantly from EUR 0.2 million during the first half-year 2024 to around EUR 2 million in the first six months of the current year. The EBITDA margin jumped during the reporting period from 0.6% in the previous year to 10.4%. In addition to the strong performance in the battery segment, the successful restructuring of IBU-tec Group subsidiary BNT Chemicals contributed to the boost in profitability. BNT was back in the black for the first time in the reporting period, with IBU-tec foregoing revenue shares of its subsidiary in favour of profitability. As a result, revenues in the IBU-tec Group amounted during the first half-year to EUR 19.0 million, down on the previous year's figure of EUR 24.8 million as planned.

A major operational highlight was during the first half-year the partnership with PowerCo SE to develop a customer-specific cell chemistry based on IBUvolt LFP 402. IBU-tec also signed a Joint Development Agreement with the Chinese Wanhua Chemical Group Battery Technology Co. Ltd. The aim is to jointly expedite the development, testing and improvement of a high-quality LFP cathode material for the automotive industry. IBU-tec continued to achieve significant milestones in the field of battery materials after the end of the reporting period. IBU-tec further intensified its cooperation with PowerCo and received a major order from the VW subsidiary with a volume of EUR 6 million. Around 75% of this will already have an impact on revenues in the current financial year. The joint development projects are to be pursued with the goal of reaching industrial scale. In July, the order volume in the battery segment already reached the level of the full prior year. The strong momentum in battery materials is currently continuing unabated.

In view of the good business performance during the first half of 2025, the positive signals from the market and the strong development in the battery segment, IBU-tec confirms its annual forecast with an EBITDA margin of 7-9 percent and a revenue target of EUR 43-45 million. In addition to the service business, the battery segment in particular will remain an important growth driver. This is already projected to account for around 25 percent of Group revenues for the full year.

Jörg Leinenbach, CEO of IBU-tec: "We are back on track for success – at last. IBU-tec's year to date has been marked by strong partnerships, such as the one with PowerCo, and a strong earnings performance. Our battery division is now delivering the momentum we anticipated as a driver for IBU-tec's sustained successful development. This also includes our cooperation with Wanhua. The European value chain for battery materials is at present taking shape, and IBU-tec is part of it. We are therefore very confident about the full year and beyond.

The 2025 Half-Year Interim Report is now available for download at www.ibu-tec.de in the “ Investor Relations” section.

About IBU-tec

The IBU-tec Group develops and produces innovative materials of the highest quality for industry. It combines unique, partly patent-protected thermal process technology with the process and material know-how of around 230 highly qualified employees. 

The company's own products include LFP battery material, which is an important component of batteries for electromobility and stationary energy storage, as well as solutions for air purification, resource conservation or the reduction of plastic packaging. IBU-tec is thus positioned for the long term in global megatrends - especially climate and environmental protection - and has an international customer base ranging from innovative medium-sized companies to global corporations. 

Contact

edicto GmbH
Axel Mühlhaus
Eschersheimer Landstraße 42-44
60322 Frankfurt
t +49 69 905505-52
IBU-tec@edicto.de