Plant manufacturer SMS group boosts profits

The plant manufacturer SMS group increased its earnings before interest and taxes (EBIT) in the 2025 financial year by 8.2 per cent to €145 million compared with 2024, the company reported from its headquarters in Mönchengladbach. SMS sees India as a growth market.

Revenue fell by ten per cent to €3.6 billion, a decline that Jochen Burg, CEO of the SMS group, attributes primarily to major projects that have not yet been completed. Order intake rose by 9.8 per cent to €4 billion. According to the figures, SMS invested €157 million in research and development, 1.3 per cent more than a year earlier.
The company highlighted its successful investments in technologies focusing on areas such as decarbonisation, digitalisation and the circular economy. SMS also recorded growth in its services business, which now accounted for 24% of total revenue in the past financial year.
SMS expects further growth in India, where the company has opened a production site in Ahmedabad. Indian steel production currently stands at around 150 million tonnes per year and is set to rise to 300 million tonnes in the coming years.
Source: SMS group