Servotronics (NYSE:SVT) reports 12% revenue growth and 360 bps gross margin increase in Q1 2025 due to industry demand.
ELMA, N.Y., May 9, 2025 - Servotronics, Inc. (NYSE American: SVT), a leading designer and producer of servo-control components and advanced technology products, announced a robust financial performance driven by increasing industry demand. The company experienced a notable 12% growth in revenue, reaching [insert specific revenue figure here] and a significant 360 basis points rise in gross margin. This performance underscores the strong market position and efficiency improvements of Servotronics, Inc.
