StarragTornos (STGN) investor relations material

Executive summary

• Achieved a 33.6% year-over-year increase in order intake to CHF 262.6 million, driven by strong demand in Aerospace, Transportation, and Energy segments.

• Net sales remained stable at CHF 220.5 million (+1.1% year-over-year), with service business contributing 28.2% of total net sales.

• EBIT improved to CHF 1.0 million from CHF -3.1 million, and net profit turned positive at CHF 0.1 million compared to a loss of CHF 9.1 million in the prior year.

• Defense-related machine orders accounted for 28.2% of total machine order intake.

• Maintained resilience amid geopolitical tensions, weak European growth, and US trade uncertainties.

Financial highlights

• EBITDA rose 141.1% year-over-year to CHF 7.6 million, with EBITDA margin improving to 3.5%.

• Cash flow from operating activities decreased 34.4% to CHF 10.3 million; free cash flow dropped 61.1% to CHF 4.9 million.

• Total equity declined 1.8% to CHF 306.9 million, representing 57.0% of the balance sheet.

• Net liquidity was stable at CHF 29.1 million.

• Order backlog at June 30, 2026: CHF 383.9 million, up 14.1% from year-end 2025.

Outlook and guidance

• Full-year order intake for 2026 expected to be in line with the previous year.

• Management anticipates improved full-year results for 2026, supported by a robust order backlog and project pipeline.

• Significant share of current order intake to be recognized as revenue in future periods due to long lead times for large machine orders.

• Focus remains on efficient project execution, production optimization, and managing capacity constraints.