InTiCa Systems Reports Slight Sales Growth Amid Challenging Market Conditions

InTiCa Systems SE, an international provider of electronic components and systems, has published its interim report for the first half of 2026, revealing a slight improvement in sales and earnings despite persistent challenges in the automotive sector. The company's group sales increased by 1.5% year-on-year to EUR 35.0 million, up from EUR 34.4 million in H1 2025. This growth was largely driven by a significant surge in the Industry & Infrastructure segment, which posted sales of EUR 5.0 million, a remarkable 104.8% increase compared to the prior year's EUR 2.4 million.

However, the Mobility segment, which remains the core of the business, experienced a 6.4% decline in sales to EUR 30.0 million, reflecting weaker demand from automotive producers. Despite this, the company's overall EBITDA improved slightly to EUR 2.0 million, with the EBITDA margin rising to 5.8% from 5.6%. EBIT remained negative at minus EUR 1.1 million, but this was an improvement from minus EUR 1.3 million in H1 2025. The net loss for the period narrowed to minus EUR 1.8 million, compared to minus EUR 2.1 million in the previous year, with earnings per share improving to minus EUR 0.42.

Dr. Gregor Wasle, CEO of InTiCa Systems SE, commented on the results: "The challenging market conditions for automotive producers have not spared InTiCa Systems SE in the second quarter. However, this was more than offset by significant growth in business with inverters and charging systems in the Industry & Infrastructure segment. On the earnings side, InTiCa is affected by the hike in copper prices and the increase in the price of precursors that are dependent on the oil price, such as plastics and enamelled copper wire. This overshadows successful measures to reduce costs and enhance productivity."

The company's cost structure was impacted by rising material costs, which increased the material cost ratio to 61.1% from 57.2% in the prior year, primarily due to higher copper prices. Personnel expenses also rose slightly to 23.6% of total output, while other operating expenses decreased to EUR 4.3 million. Despite these pressures, InTiCa managed to reduce its cash outflow, with net cash outflow for operating activities at EUR 0.6 million, a significant improvement from the EUR 2.8 million inflow in H1 2025. The equity ratio stood at 28.0%, down from 32.1% at the end of 2025, but still considered solid.

Looking ahead, the company remains cautious due to ongoing macroeconomic uncertainties. Orders on hand increased to EUR 81.4 million, up from EUR 76.7 million a year earlier, with 93% of orders coming from the Mobility segment. New orders were primarily for inverter components. Friedrich Erfuth, a member of the Board of Directors, stated: "The development of orders and the volatility of order offtake were in line with expectations and liquidity is protected by the standstill agreements with the banks. We are consistently continuing the transformation we have initiated through diversification, specialization and localization. The focus on electric motors and EMC filters will be stepped up further in the second half of the year, with increased attention being paid to the new areas of business. The local-to-local approach still plays an important role, especially in North America."

For the full year 2026, InTiCa Systems expects group sales to be between EUR 68.0 million and EUR 73.0 million, with EBIT ranging from minus EUR 1.5 million to minus EUR 2.5 million. The company's forecast assumes that the cyclical trend does not deteriorate further, geopolitical and trade policy conflicts do not escalate, and financing remains ensured. The full interim report is available on the company's website at www.intica-systems.com.

InTiCa Systems SE is an international provider of electronic components and systems, offering innovative solutions for the automotive industry, renewable energy, and industrial applications. For more information, visit www.intica-systems.com.