ENT Finishes Q1 with Revenue Growth

In the first quarter of 2025, Ericsson Nikola Tesla had sales revenue of €54.2 million, up by 4.2% year-over-year. Net profit slipped 9.1% to €5.8 million.

In its financial report, ENT stated that the drop in net profit was due to a lower operating profit, which fell 7.8%. In the domestic market, sales revenue amounted to €13.1 million, up 9.6% YoY. In export markets, excluding services to Ericsson, revenue was €4.4 million, up 12.5%. In the Ericsson market, revenue was up by 1.6% to €36.7 million.

“The quarter was marked by the signing of new contracts with our long-term partners in Croatia and export markets. In the domestic market, we have continued implementing advanced technology solutions in the telecom networks of the leading operators. In the Digital Society segment, we have continued quality cooperation on contract execution with many ministries and public administration bodies in the Republic of Croatia,“ said Gordana Kovačević, President of Ericsson Nikola Tesla’s Management Board.

„The uncertain geopolitical and macroeconomic environment requires that we be additionally careful and responsible. Therefore, we have been continuously monitoring changes in the markets where we operate, while remaining focused on the areas where we can act. We invest in the development of new products and services, business growth in new markets and with new customers, retention of employees while developing their competencies, and we are focused on profitability and cost efficiency,“ concluded Kovačević.