Mikron achieves marked increase in net sales with high order backlog

Mikron Holding AG / Key word(s): Annual Results Mikron achieves marked increase in net sales with high order backlog 24-Jan-2024 / 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:

Biel, January 24, 2024, 7.00 a.m. – The Mikron Group has exceeded the previous year's good results and thus confirmed the pleasing results for the first half of 2023. Strong demand in the pharmaceutical and medical technology industries and the continued good performance in all three divisions were the key factors behind this pleasing development. Both business segments succeeded in significantly increasing their annual net sales once again. According to the provisional, as yet unaudited figures, the Group increased net sales from CHF 309.4 million in 2022 to CHF 370.2 million in 2023 (+19.7%). Mikron also expects a further improvement in profitability compared to the previous year.

Order intake

At CHF 412.1 million, the Mikron Group's order intake in the 2023 financial year exceeded the previous year's high level (2022: CHF 408.0 million, +1.0%). The Mikron Automation business segment contributed CHF 276.1 million (previous year: CHF 239.0 million, +15.5%) and the Mikron Machining Solutions business segment CHF 136.1 million (previous year: CHF 169.0 million, -19.5%).

 

Net sales and order backlog

The Mikron Automation business segment contributed CHF 231.2 million (previous year: CHF 183.8 million, +25.8%) to Group net sales of CHF 370.2 million (previous year: CHF 309.4 million, +19.7%); the Mikron Machining Solutions business segment increased net sales from CHF 125.7 million to CHF 139.1 million (+10.7%). At CHF 304.3 million, the Group's order backlog at the end of the year was 12.4% higher than at the end of 2022 (CHF 270.7 million).