Sweden · Delayed Price · Currency is SEK Mycronic AB Earnings Call Transcripts
Fiscal Year 2026
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Q1 delivered record sales and EBIT, driven by strong demand in High Volume and Global Technologies, leading to an upgraded 2026 sales outlook. Pattern Generators saw robust sales but lower order intake, while PCB Assembly Solutions remained weak. AI and OLED trends continue to support growth.
Fiscal Year 2025
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Order intake declined 19% year-over-year, but sales remained flat as strong growth in Global Technologies offset declines elsewhere. EBIT margin was 17% for the quarter, with continued R&D investment and a positive outlook for Global Technologies and High Volume divisions.
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Order intake surged 67% year-over-year, led by Pattern Generators and Global Technologies, while sales dipped 4% and EBIT margin fell to 15% due to product mix. Backlog and cash remain strong, with continued M&A activity and a positive full-year outlook.
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Q2 saw 35% sales growth and a 27% EBIT margin, with strong performance in Pattern Generators and High Volume, but order intake declined due to no new system orders. Three acquisitions and a share split were completed, and full-year sales guidance was reaffirmed at SEK 7.5 billion.
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Q1 delivered record sales and EBIT, driven by strong Pattern Generators and High Volume performance, while High Flex lagged. Guidance was revised to SEK 7–7.5 billion due to tariff and currency uncertainty, with new acquisitions and expansion in Southeast Asia supporting future growth.
Fiscal Year 2024
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Record Q4 and full-year results with strong sales, order intake, and EBIT margin. All divisions exceeded margin targets, and significant investments in R&D and sales network are planned for 2025. Dividend increased, with continued focus on both organic growth and M&A.
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Sales rose 40% year-over-year to SEK 1.8 billion, led by Pattern Generators, with EBIT margin at 31%. High Flex remains weak in Europe, while High Volume and Global Technologies saw strong growth. Full-year sales target of SEK 6.5 billion reaffirmed.
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Q2 delivered strong sales and order growth, with EBIT doubling and a raised full-year sales outlook. Pattern Generators led performance, while High Flex and High Volume showed improvement. New sustainability targets and the Vanguard acquisition marked key strategic steps.