Mikron Holding AG

Latest Results (10.11.2025):

Mikron Holding AG's Semiannual Financial Results for the first half of 2025 show steady net sales growth with a significant boost in operating profit and margins compared to the same period in 2024. The company reported net sales at CHF 191.9 million—up 0.6% from CHF 190.7 million—and an operating profit of CHF 21.6 million, reflecting a 44.7% increase and an improved operating margin of 11.3%. These results were driven by stronger performance in the Automation segment, robust sales growth in Europe, and an advantageous shift in the sales mix across business segments and regions despite some headwinds in the Machining Solutions division.

Net Sales & Profitability

Net sales in H1 2025 reached CHF 191.9 million, a marginal increase from the prior year. Operating profit surged from CHF 14.9 million in H1 2024 to CHF 21.6 million, resulting in an operating margin improvement from 7.8% to 11.3%. The net profit also saw a healthy increase, highlighting a strong profit performance by Mikron Holding AG.

Business Segments Performance

The Automation segment delivered robust performance with net sales up by 7.1% to CHF 125.7 million, while the Machining Solutions segment, though facing a challenging market environment, reported a decline in net sales by 9.6% to CHF 66.3 million. This shift in segment performance contributed to the overall margin improvement.

Regional Highlights

Geographical performance was notably strong in Europe, with net sales increasing by 13% and a dominant market share in the first half of 2025. In contrast, regions such as North America and Asia experienced declines, underscoring varying market dynamics across regions for Mikron Holding AG.

Cash Flow & Balance Sheet

The free cash flow turned negative to CHF -7.2 million in H1 2025 compared to positive figures in the previous year, largely influenced by the timing of customer prepayments and a CHF 6.6 million investment in the expansion of the Boudry facility. On the balance sheet, Mikron Holding AG maintained a solid equity ratio of 58.9% with a net cash position of CHF 103.0 million, emphasizing a strong financial structure.

Outlook

Looking ahead, Mikron Holding AG anticipates that operating profit in the second half of 2025 will be similar to the current period, although market challenges—particularly in the Machining Solutions segment—persist. Despite uncertainties in the global economy, the company’s strategic shifts and robust performance in key segments position it for steady progress over the remainder of the year.