Mycronic AB

Latest Results (04.10.2025):

In the second quarter of 2025, Mycronic AB reported a strong financial performance with significant growth in sales and earnings. The company achieved a 35% increase in net sales compared to the same quarter last year, while EBIT rose substantially, reflecting robust operational efficiency despite a decline in order intake.

Revenue Growth

Mycronic AB's net sales surged by 35% to exceed SEK 2 billion in Q2 2025 compared to the same period in the previous year. This growth was primarily driven by strong performance in the Pattern Generators division, which saw a 50% increase in net sales.

EBIT Performance

EBIT increased significantly to SEK 568 million in Q2 2025 from SEK 348 million the previous year, achieving a margin of 27%. This improvement highlights the company's enhanced profitability and effective cost management.

Order Intake and Backlog

The order intake declined to SEK 1.3 billion in Q2 2025, down from over SEK 2 billion the previous year, mainly due to reduced new system orders in the Pattern Generators division. However, the backlog remains strong at over SEK 4 billion, ensuring future revenue stability.

Acquisitions and Strategic Moves

During the quarter, Mycronic AB completed acquisitions of RoBAT and Surfx Technologies, and initiated an agreement to acquire Korean company Cowin. Additionally, the company executed a share split, effectively doubling the number of existing shares to enhance liquidity.

Division Performance

The Pattern Generators division contributed nearly half of the total revenue, showing a robust 50% increase in net sales. The PCB Assembly Solutions division experienced a slight decline in net sales by 2% to SEK 328 million, while the Global Technologies division reported strong sales growth of almost 60%, supported by recent acquisitions.