StarragTornos Group AG
STGN
ISIN CH0002361068 / Valor 236106
StarragTornos Group AG
UMushroom community rating:
About company
StarragTornos Group AG, formed by the merger of Starrag Group Holding AG and Tornos Holding Ltd., is a prominent player in the global metal-cutting machine tool industry. Listed on the SIX Swiss Exchange since December 2023, the company leverages its Swiss heritage to deliver advanced precision machine tools and complementary technologies. StarragTornos Group AG is recognized for its technical expertise and innovation, which positions it as a key contributor to the industry's future development. The merger has enabled the company to consolidate its capabilities, offering a comprehensive range of solutions that cater to diverse industrial needs, thereby strengthening its market presence and competitive edge.
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (27.07.2026):
StarragTornos Group AG — Full year 2024 (annual results, including Q4 2024). The Group reported FY 2024 order intake CHF 476.3m and net sales CHF 494.1m. EBITDA was CHF 27.5m (5.6% margin), EBIT CHF 15.4m (3.1%) and net profit CHF 11.85m (CHF 2.17 per share). Management proposes a dividend of CHF 1.00 per share. Compared with the pro‑forma FY 2023 figures (Starrag + Tornos for 12 months) the Group recorded declines in order intake (-9.9%), net sales (-12.5%), EBITDA (-51.6%), EBIT (-66.8%) and net profit (-63.5%).
Top‑line and order book
Order intake: CHF 476.3m (2024). Net sales: CHF 494.1m. Order backlog stood at CHF 326.0m (‑4.3% vs. 31.12.2023). Note: pro‑forma 2023 comparatives are used in the report because of the Starrag–Tornos combination.
Profitability
EBITDA CHF 27.5m (5.6% of sales) and EBIT CHF 15.4m (3.1%). Net profit CHF 11.85m (2.4% of sales). All profitability metrics were materially lower vs pro‑forma 2023 (EBITDA ‑51.6%, EBIT ‑66.8%, net profit ‑63.5%), driven by lower volumes and an adverse product mix, partly offset by cost‑saving measures and early synergy effects.
Cash flow and investing
Operating cash flow was CHF 7.72m and free cash flow was negative CHF ‑7.03m (driven by CHF ‑14.75m investing cash flow). Net liquidity moved to CHF ‑0.3m at year‑end from CHF 19.8m a year earlier.
Balance sheet and capital structure
Total equity remained stable at CHF 316.1m (≈57% of the balance sheet). Total assets CHF 550.9m. Outstanding shares increased to 5,463,121 (from 3,493,000), and full‑time employees were 1,981 (‑3.6%).
Per‑share metrics and shareholder returns
Net profit per share CHF 2.17 (vs CHF 7.21 prior year pro‑forma). Board proposes dividend CHF 1.00 per share (payout ratio ~46.1%). Year‑end share price CHF 37.0; P/E 17.06.
Segment/operational notes
Starrag division sales CHF 365.6m (‑6.7% vs pro‑forma 2023); Tornos division sales CHF 128.5m (‑25.6% vs pro‑forma 2023). Management highlights stronger orders from aerospace and energy but weaker demand in luxury goods and transportation; services represented a rising share of order intake (about 27% Starrag, 30% Tornos).
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
232 M
Market cap (USD)
667
Daily traded volume (Shares)
38 / 36.2
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
EQUITIES OF THE SAME SECTOR
