SKAN Group Ltd

Latest Results (25.09.2026):

SKAN Group Ltd — Annual results for full-year 2025 (not a quarterly report): SKAN reported FY 2025 order intake of CHF 370.6 million (+3.1% vs 2024) and an order backlog of CHF 346.1 million (+8.7%). Net sales fell to CHF 333.3 million (-7.7% reported; -6.4% currency-adjusted). EBITDA declined to CHF 38.6 million (-32.3%) with an EBITDA margin of 11.6% (vs 15.8% in 2024). Profit for the period was CHF 17.6 million (-56.9%) and EPS was CHF 0.72 (vs CHF 1.73). The Board proposes a dividend of CHF 0.22 per share and gives a confident outlook for 2026 (net sales growth expected in the high‑teens; EBITDA margin guidance 13–15%).

Top-line and backlog

Order intake: CHF 370.6m (+3.1%). Order backlog: CHF 346.1m (+8.7%), providing solid revenue visibility despite project phasing and some potential cancellation exposure (~CHF 15–20m).

Revenue and regional mix

Net sales: CHF 333.3m (-7.7% reported). Europe remained the largest market; Americas and Asia showed mixed performance (Americas down vs prior year, Asia up on conversion of prior awards). Services & Consumables grew to ~35% of Group sales.

Profitability

EBITDA: CHF 38.6m (-32.3%), margin 11.6% (2024: 15.8%). Profit for the period: CHF 17.6m (-56.9%). EPS: CHF 0.72 (-58.1%). Decline driven by lower project-related sales in Equipment & Solutions and higher other operating expenses, partly offset by stronger Services & Consumables performance.

Segment performance

Equipment & Solutions: order intake CHF 248.5m (-2.6%), net sales CHF 216.8m (-20.0%), EBITDA CHF 9.4m (4.3%). Services & Consumables: order intake CHF 122.2m (+17.0%), net sales CHF 116.5m (+28.9%), EBITDA CHF 29.2m (25.0%).

Cash flow, investments and balance sheet

Operating cash flow increased to CHF 64.1m (+37.3%). Investments (PPE & intangibles) CHF ~45.9m (-14.7%), with significant spending on Pre‑Approved Services and R&D (~7.4% of net sales). Equity at year‑end CHF 127.6m (equity ratio 26.5%, down from 52.7%), reflecting goodwill offsets related to acquisitions.

M&A, headcount and strategic initiatives

Acquisitions: Metronik and ABC Transfer consolidated from August 2025 (adding ~208 employees). Headcount rose to 1,755 (+19.3%). SKAN is pushing Services & Consumables, digital solutions (MES) and Pre‑Approved Services; continued R&D and product development including pure2 isolator and ebeam milestones.

Outlook and corporate changes

Management expects 2026 net sales growth in the high‑teens and an EBITDA margin of 13–15%. Board proposes CHF 0.22 dividend per share and will propose a new Board member. CEO change effective 1 Jan 2026 (Jonas Greutert designated CEO).