Bystronic (BYS) investor relations material

Executive summary

• Order intake rose 5% at constant exchange rates to CHF 634.5 million, while net sales declined 2.2% year-over-year at constant exchange rates, reflecting persistent market headwinds.

• Adjusted EBIT improved to CHF 47 million, while reported EBIT loss narrowed to CHF -19.8 million from CHF -84 million, driven by restructuring and cost reductions.

• Restructuring delivered CHF 60 million in annualized savings, with over 600 FTEs reduced and 85% of savings realized in 2024/25.

• Positive book-to-bill ratio achieved for the first time in years, resulting in a higher backlog.

• ESG progress included a 24% increase in renewable electricity, a 14% reduction in Scope 1 and 2 emissions, and a 28% decrease in workforce injuries.

Financial highlights

• EBIT improved to CHF -19.8 million from CHF -84.0 million in the prior year; adjusted EBIT margin improved to -3.2% from -7.3% year-over-year.

• Net result improved to CHF -28.9 million from CHF -67.6 million year-over-year.

• Operating free cash flow was CHF -18.8 million, impacted by restructuring-related outflows.

• Equity ratio increased to 70.4% from 69.2%, with cash and securities at CHF 330.7 million at year-end.

• Dividend maintained at CHF 4.00 per class A share, CHF 0.80 per class B share, totaling CHF 8.3 million.

Outlook and guidance

• No significant improvement in the overall market environment expected for 2026; focus remains on order intake, backlog, and operational efficiency.

• Net sales anticipated to increase in 2026, supported by higher backlog and full consolidation of Bystronic Rofin.

• Midterm EBIT margin guidance of 5%-7% reiterated, with profitability in 2026 dependent on net sales recognition and integration of Rofin.