"No easy year" - Schott's profit shrinks - Schott’s profits tumble 46% as trade barriers and costs squeeze margins
German specialty glass manufacturer Schott has reported a sharp drop in profits for the 2024/25 financial year. Despite steady revenue, the company faced challenges from trade barriers and rising costs. Meanwhile, demand for its advanced glass products in tech and semiconductor sectors continues to grow.
Schott’s revenue held firm at €2.83 billion, matching the previous year’s figures. However, operating profit (EBIT) plunged by over 40% to around €230 million. Net profit also fell by 46%, landing at €165 million—down from €306 million in the prior period.
The decline was partly driven by €97 million in write-downs, along with tariffs and trade restrictions. These financial pressures led the company to revise down its mid-term forecasts for several divisions, including specialty glass, pharmaceutical glass-ceramics, and household appliance components.
While the cooktop division is shrinking, Schott is expanding production in Malaysia to meet rising demand for smart glass used in data glasses. The shift reflects broader industry trends, with stronger growth in semiconductor and high-tech applications.
Christian Mias, appointed as CEO of SCHOTT Pharma from May 1st, 2026, will oversee these strategic adjustments as the company adapts to changing market conditions.
Schott’s latest financial results highlight both challenges and opportunities. The company is scaling back in some areas while investing in high-demand sectors like smart glass and semiconductors. With new leadership set to take charge, the focus will be on stabilising profits and capitalising on emerging technologies.
