Meier Tobler Group Ltd.

MTG

Equity

ISIN CH0208062627 / Valor 20806262

SIX Swiss Exchange (2025-10-20)

CHF 38.33-2.81%

Meier Tobler Group Ltd.
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About company

Meier Tobler Group Ltd. is a Swiss company specializing in heating, air conditioning, service, and the distribution of trade products for the building technology sector in Switzerland. The company focuses on the production of heat for renovations and new constructions, offering energy-efficient heating solutions and consulting services to property owners, architects, planners, and installers. Additionally, Meier Tobler designs and supplies cooling and ventilation systems for industrial, commercial, and residential applications, in collaboration with professional partners. The firm also provides long-term reliable operation of heating, ventilation, and air conditioning (HVAC) systems through its service division, catering directly to owners and operators. Furthermore, Meier Tobler supports the pre-assembly, assembly, and service needs of the HVAC industry by supplying a comprehensive range of building technology products exclusively to professional partners and installers. The company has evolved its competencies to focus on the digitalization of building technology and sustainable solutions, building on its origins from the heating company Oertli and expanding its business areas over time.

Summarized from source with an LLMView SourceSector: Technology

Revenue Decline

For the financial year 2023, Meier Tobler Group Ltd. reported a revenue of CHF 545.9 million, representing a 1.9% decrease from CHF 556.3 million in 2022. The first half of the year saw strong growth, but the latter half was impacted by the commissioning challenges of the new Service Centre.

EBITDA and Profit Reduction

The company’s EBITDA for 2023 was CHF 48.5 million, a 6.9% decrease compared to CHF 52.1 million in the previous year. Consolidated profit also fell to CHF 27.1 million from CHF 30.7 million in 2022, influenced by non-cash goodwill amortisation and operational hurdles.

Dividend Increase

Meier Tobler Group Ltd. proposed an increased dividend of CHF 1.30 per share for 2023, up from CHF 1.20 per share in the previous year, reflecting the company’s commitment to returning value to its shareholders.

Share Buyback Program

The ongoing share buyback program has been concluded and will be replaced with a fixed-price buyback offer. This change aims to allow broader participation from major and institutional investors, potentially increasing the free float percentage.

Operational Improvements

Delivery issues at the new Service Centre have been resolved, stabilizing operations. Additionally, customer confidence is gradually being restored as the company continues to enhance its service reliability.

Summarized from source with an LLMView Source

Key figures

27.3%1Y

22.8%3Y

296%5Y

Performance

32.4%1Y

36.4%3Y

36.7%5Y

Volatility