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Mikron Holding AG
Earnings Release • Jan 24, 2025
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Earnings Release
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News Details
Ad-hoc | 24 January 2025 07:00
Mikron reports net sales of CHF 374.1 million for 2024
Mikron Holding AG / Key word(s): Annual Results
24-Jan-2025 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
Ad hoc announcement pursuant to Art. 53 LR:
Mikron Group’s preliminary closing figures for 2024
Boudry, January 24, 2025, 7.00 a.m. – Mikron (SIX: MIKN) today reports preliminary and unaudited net sales of CHF 374.1 million for 2024, an increase of 1.0% compared with the prior year. Both business segments showed modest growth which demonstrates the Group’s resilience in a difficult market environment, particularly in Europe. With a healthy order backlog, Mikron is well positioned at the start of 2025.
Order intake and order backlog
Mikron’s order intake for 2024 was CHF 388.6 million, which is a decrease of 5.7% compared to the prior year. Automation contributed CHF 265.0 million, a decrease of 4.0%. Solid results in Europe and Asia were offset with a decline in America. Machining Solutions ended the year with an order intake of CHF 123.7 million, a decrease of 9.1% which is a result of a general weakening of the market in Europe while America was growing.
Mikron enters 2025 with a healthy order backlog of CHF 324.1 million. This is an increase of 6.5% compared with the prior year.
Net sales
Mikron’s net sales were CHF 374.1 million, an increase of 1.0% compared with the prior year. Automation contributed CHF 233.3 million, an increase of 0.9% with a strong growth in Europe offset by a decline in America. Machining Solutions increased net sales by 1.2% to CHF 140.8 million, which is a good result given the difficult market conditions, particularly in Europe.
Profitability
For the 2024 financial year, Mikron expects an operating profit margin of around 8.5% (prior year: 9.0%).
Mikron will announce the Group’s detailed figures for 2024 on March 7, 2025.
Preliminary order and sales numbers of the Mikron Group
| CHF million | 2024 | 2023 | +/- | |||
| Unaudited | ||||||
| Order intake 1) | 388.6 | 412.1 | -5.7% | |||
| – Automation | 265.0 | 276.1 | -4.0% | |||
| – Machining Solutions | 123.7 | 136.1 | -9.1% | |||
| Order backlog 1) 2) | 324.1 | 304.3 | +6.5% | |||
| – Automation | 232.9 | 205.1 | +13.6% | |||
| – Machining Solutions | 91.2 | 99.1 | -8.0% | |||
| Net sales | 374.1 | 370.2 | +1.0% | |||
| – Automation | 233.3 | 231.2 | +0.9% | |||
| – Machining Solutions | 140.8 | 139.1 | +1.2% |
1) Alternative performance measures, see Annual Report 2023, pages 148 to 150, or www.mikron.com/apm
2) End of period
Brief profile of the Mikron Group
The Mikron Group develops, produces and markets very precise, productive and adaptable automation solutions, machining systems and cutting tools. Rooted in the Swiss culture of innovation, Mikron is a global partner to companies in the pharmaceutical, medtech, consumer goods, automotive, and general engineering industries. The Mikron Group enables its customers to increase quality and industrial productivity. The Group has over 100 years of experience, state-of-the-art technologies, and a global service. The two business segments Mikron Automation and Mikron Machining Solutions are based in Switzerland (Boudry and Agno). Additional production sites are located in the USA, Germany, Singapore, China, Lithuania, and Italy. Mikron Holding AG shares are traded on SIX Swiss Exchange (MIKN). The Mikron Group employs a total workforce of around 1,590.
Contact
Mikron Switzerland AG, Philippe Wirth, CFO Mikron Group
Phone +41 91 610 63 54, [email protected]
Download ad hoc announcement pursuant to Art. 53 LR:
Investor Relations Calendar
March 7, 2025, 7.00 a.m. Ad hoc announcement pursuant to Art. 53 LR, publication of the 2024 Annual Report
March 7, 2025, 10.00 a.m. Media and analysts conference
April 16, 2025, 4.00 p.m. Annual General Meeting 2025
July 18, 2025, 7.00 a.m. Ad hoc announcement pursuant to Art. 53 LR, semiannual results 2025
Except for the historical information contained herein, the statements in this ad hoc announcement are forward-looking statements that involve risks and uncertainties.
Mikron® is a trademark of Mikron Holding AG, Boudry (Switzerland).
Mikron Holding AG | Route du Vignoble 17 | 2017 Boudry | Schweiz | T+41 32 321 72 00 | F +41 32 321 72 01 | www.mikron.com
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