EMS Group Reports Revenue of 50 Million Euros in 2025
Medical imaging systems specialist EMS Group announced on Monday an annual revenue of 49.9 million euros for the fiscal year 2025, according to the company's statement. This performance represents an organic growth of 11% compared to the previous year.
Strong Q4 Performance Drives Annual Results
The group recorded a revenue of 15.4 million euros in the fourth quarter of 2025, up 15% compared to the same period in 2024, according to the unaudited consolidated data. This growth was driven by both divisions of the group: radiology grew by 9% in the fourth quarter, while bone densitometry surged by 36% over the same period. The second half of 2025 thus showed a growth of 13%, compared to 8% in the first half, the company indicates. For the full year, the radiology division achieved a revenue of 39.0 million euros, up by 11%, and bone densitometry reached 10.9 million euros, an increase of 8%.
North America Leads Geographic Growth in 2025
North America was the main geographic growth area in 2025, with an annual revenue of 6.9 million euros compared to 4.0 million euros a year earlier, marking a 71% increase, according to the statement. This performance is attributed to the development of white-label activities with Carestream Health and Fujifilm Healthcare Americas, as well as the initial deliveries of the mobile radiology system under a commercial partnership with Medlink Imaging. The Middle East also showed strong dynamics with an annual growth of 95%, bringing the revenue to 3.8 million euros. However, sales in Europe declined by 5%, mainly in France and Italy, the company specifies.
Radiology Division Benefits from Deliveries in Ukraine
In 2025, the radiology division benefited from the delivery of mobile radiology units in Ukraine under a contract signed in March 2025 for the supply of 120 mobile units, totaling 11 million euros over 12 months. According to the group, five out of a total of ten batches had been delivered by the end of 2025. In bone densitometry, the activity was hindered until autumn by supply tensions on certain components needed for the manufacturing of Stratos and Stratos DR devices, before resuming a more sustained delivery pace at the end of the fiscal year. For 2026, EMS Group aims to achieve another year of dynamic growth, particularly driven by new deliveries in Ukraine during the first and second quarters and the continuation of strong dynamics in North America, the statement indicates.
