VEJLE, DENMARK – GPV reported 2025 revenue of $1.27 billion, a 3% decline from $1.30 billion in 2024, as demand across the electronics manufacturing services sector normalized following recent market volatility.

Despite the slight drop in sales, the company strengthened its financial position through operational improvements and tighter cost control. Operating cash flow increased significantly to $109 million, up from $43 million in 2024, while working capital declined 14% to $336 million.

Fourth-quarter revenue totaled $307 million, roughly in line with the same period a year earlier.

During 2025, GPV continued optimizing its global manufacturing footprint. Electronics activities in Slovakia were consolidated into larger production sites, while mechanics operations were centralized in Thailand and cable harness manufacturing was consolidated in Slovakia and Sri Lanka. Expansions in Thailand and Slovakia were completed, and the first phase of a facility expansion in Mexico began, with the final phase expected in early 2027.

The company said demand began stabilizing late in the year, with early growth emerging in sectors such as transportation and railway, cleantech, measurement and control and high-tech consumer products.

GPV also reported growing engagement with defense-related customers, where it supplies high-reliability electronics, cable harnesses and mechatronics for military and aerospace programs.

For 2026, GPV expects revenue between $1.24 billion and $1.31 billion, broadly in line with 2025 levels.

• Prev
• Next