ZyXEL Networks A/SAktiv

The Company's primary activities consist of trading ZyXEL branded IT network products in several countries across EMEA, with key countries in reported regions such as Italy, France, Germany, Switzerland, Netherlands, Belgium, Spain, the Nordics, various Central European countries, the UK and Ireland, Turkey, Middle East, Greece & South Africa. The Company operates in the business segment Channel (Distribution). The products sold via distributors are mostly generic products. All sales take place via the parent company based in Denmark, as is the case for the most part of the administrative functions. Offices located in Finland, Sweden, Netherlands, Belgium, France, Italy, Spain, UK, Germany, Turkey, Poland, Hungary and Czech Republic provide sales and technical support, etc., locally.

Profit for the year (including comparison with outlook previously announced) Group revenue from sales activities in 2025 declined compared to 2024. This was primarily driven by an increasingly competitive market environment, particularly within the wireless segment, where overall market demand weakened in 2025 compared to prior years. In addition, the Group implemented a deliberate right sizing of its eCommerce inventory position in 2025 compared to 2024, most notably within its Amazon business. This action was taken to better align inventory levels with demand and to reduce excess stock but resulted in lower sales volumes and revenue on a year on year basis. The Group also experienced a year-on-year decline in revenue in the UK, reflecting continued challenging market conditions. Furthermore, temporary supply constraints were experienced in the EMEA region for certain 5G products following the transition of internal supply operations. The transition led to operational delays, which reduced product availability in Europe during the year. In FY25, we increased our levels of inventory holding substantially YoY by EUR 4,262,671 in EMEA, to secure a manufacturing transition scheduled for H1 2026. The Company's income statement for 2025 shows a profit before income tax of 1,195K EUR as against 1,294K EUR in 2024. Equity in the Company's balance sheet as at 31 December 2025 is 17,476K EUR against 17,424K EUR as at 31 December 2024. T

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