Switzerland · Delayed Price · Currency is CHF LEM Holding Earnings Call Transcripts
Fiscal Year 2026
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Sales stabilized in constant currencies but declined in CHF, with strong cost reductions and improved free cash flow. Automation led growth, while other segments faced mixed trends amid ongoing pricing pressure in China. Dividend suspended due to uncertainty, but medium-term growth outlook remains positive.
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Sales declined 5% year-over-year due to FX, but operational improvements and cost controls led to margin recovery in Q2. Guidance for FY 2025-2026 is CHF 265–290 million in sales and a high single-digit EBIT margin, with mid-term growth of 4–7% and EBIT margin of 10–15%.
Fiscal Year 2025
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2024-2025 saw a 24% revenue drop amid global headwinds, with China as the only stable region and automotive showing growth. Major cost-cutting and restructuring are underway, with cautious optimism for 2025-2026 and no dividend proposed for the year.
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Sales fell 30% year-over-year amid broad market weakness and customer destocking, with China showing relative stability and growth in some segments. EBIT margin held at 9% despite the downturn, and a cost-cutting program was launched. Full-year revenue is guided at CHF 290–310 million.