Mikron Holding Ag · SIX:MIKN
Mikron — FY2025 Earnings Presentation
27 slides from Mikron's earnings presentation, Mar 6, 2026
Slide 1: Analysts and media conference
Creating value with passion for precision Analysts and media conference Zurich, 6 March 2026
Slide 2: Important notices
Important notices This presentation includes forward-looking information and statements including statements concerning the outlook for our businesses. These statements are based on current expectations, estimates and projections about the factors that may affect our future performance, including gl
Slide 3: Agenda
Agenda 10:00 Introduction Marc Desrayaud CEO Segment results Philippe Wirth Group results CFO Strategy and initiatives Summary und outlook 3
Slide 4: Introduction
Introduction hf MIKRON
Slide 5: Mikron Group 2025
Mikron Group 2025 Creating value with passion for precision Net sales: Operating profit margin: Earnings per share: 381.9 CHF million 10.3% 1.95 CHF +4.1% vs. 2024 2024: 8.5% 2024: 1.68 CHF (+16.1%) at constant fx rates 5
Slide 6: Segment results
Segment results Mikron is resilient in adverse market conditions
Slide 7: Mikron Automation 2025
Net sales: Mikron Automation 2025 250.1 CHF Solid results with continued strong growth in Europe million +7.2% vs. 2024 • Strong sales growth in Europe and Asia – market entry in Korea and Thailand Markets • USA with a temporary lack of orders and sales. Still high tender volume. • Injection pens, A
Slide 8: Mikron Machining Solutions 2025
Net sales: Mikron Machining Solutions 2025 132.0 CHF Mixed results given difficult market environment million -6.2% vs. 2024 • Focusing on high end growing niches protect Mikron from weak market conditions Markets • Medical and USA specific applications growing in Mikron Tool • Due uncertainty and l
Slide 9: Financials
Financials Philippe Wirth hf MIKRON
Slide 10: Solid sales growth in Automation
Solid sales growth in Automation Net sales Net sales by region 2025 CHF million LC CAGR: 8.8% in % 370 374 382 309 Europoe 289 17 139 141 132 Switzerland 113 126 51 Asia / Pacific 250 13 231 233 North America 177 184 13 Others 2021 2022 2023 2024 2025 Automation Machining Solutions Product vs Servic
Slide 11: Operating profit margin at record 10.3%
Operating profit margin at record 10.3% Operating profit in CHF million 2021 2022 2023 2024 2025 39.5 33.4 31.9 25.8 18.0 • Strong margin improvements in Automation • Adjusted capacity in the U.S. and exceptional good result in Switzerland Net profit in CHF million • Machining Solutions with still g
Slide 12: Cash flow negatively impacted by timing of order entry
Cash flow negatively impacted by timing of order entry Free cash flow Net cash CHF million CHF million 48.9 31.1 29.9 120.5 16.6 98.0 80.2 -11.9 46.6 58.8 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 CAPEX CHF million • Strong cash position. Debt free. 24.5 • High fluctuation in net working cap
Slide 13: Proposed appropriation of profit increase by 20%
Proposed appropriation of profit increase by 20% Earnings per share Distribution per share in CHF in CHF * 1.95 0.60 1.73 1.68 0.50 0.50 1.47 0.40 1.04 0.24 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 proposed • Target pay-out: 1/3 of «normalized» net profit 13
Slide 14: Strategy and Initiatives
Strategy and Initiatives Mikron is a solution supplier for high end industries
Slide 15: Lower backlog will help reduce lead time
Lower backlog will help reduce lead time Order intake CHF million 408 412 389 306 333 • Mikron has 2/3 of project business with long delivery time of 169 136 124 101 12-15 months and 1/3 short term Tool and Service 135 business 239 276 265 232 170 • Delivery time in 2021-2025 has increased to 18-24
Slide 16: Mikron Strategic Plan 2030
Mikron Strategic Plan 2030 Mikron expects to beat its strategic plan 2030 on profitability 500 14.0% 13.0% 400 12.0% • Sales on track with 5% LC CAGR 2021-2030 11.0% (organic) 300 10.0% • Launched 5-year strategic plan to boost growth 9.0% and improve efficiency 200 8.0% 7.0% • EBIT guidance 2027-20
Slide 17: Growth in Mikron Automation
Growth in Mikron Automation We are ahead our business plan in Switzerland Assembly > New hall delivered and first machines in production area +40% in 2026 > Full opening Q3 2026 > Doubling of production facilities in Singapore and extension in China Top employees and customer environment 17
Slide 18: Injectables is still the biggest sub-segment of Medical
Injectables is still the biggest sub-segment of Medical Large growth confirmed on top of obesity pills launch – other devices with high potential 18
Slide 19: Growth in Mikron Machining Solutions
Growth in Mikron Machining Solutions Focusing on high performance flexible solutions > Focus on high performance applications niches and Key Accounts – entering new applications and markets > Presentation of new flexible machine generation at EMO 2025 exhibition > Backward integration of coating in
Slide 20: Digitalization as future competence
Digitalization as future competence The world will be digital – also our world > Mikron finalized integration of all Digital functions into a Digital Solution organization > Mikron offers solutions for Mikron and non-Mikron customers > ESG Scope 3 support to customers • miEnergie – solution to reduc
Slide 21: Digital solutions embedded in customer system
Digital solutions embedded in customer system Hardware / Réseau / Software Mikron Digital Plateform Customer Solutions DAA Firewall Data center Local Storage LAN Remote Support ETH1 IT - Customer Profinet Acquisition Slave modules OT - Customer Internet Profinet Switch Machine Master machine sensors
Slide 22: Summary and Outlook
Summary and Outlook
Slide 23: Summary and Outlook
Summary and Outlook Sustainable improvement of profitability • Mikron’s progress is in line with the Group’s medium-term planning and strategy • Persistent slowdown in the Machining Solutions market in Europe. Difficult to predict turn-around • Automation with temporary slow down of order intake. He
Slide 24: Appendix
Appendix
Slide 25: Summary: Important key figures
Summary Important key figures in CHF million 2021 2022 2023 2024 2025 Order intake 1) 305.7 408.0 412.1 388.6 332.7 Order backlog 1) 176.7 270.7 304.3 324.1 276.1 Net sales 381.9 289.5 309.4 370.2 374.1 annual growth +2.1% +12.3% +6.9% +19.7% +1.1% LC CAGR 21-25 +8.8% Operating profit 18.0 25.8 33.4
Slide 26: Summary: Important key figures by half-year
Summary Important key figures in CHF million HY1 HY2 HY1 HY2 2025 Order intake 1) 220.9 167.7 388.6 220.7 112.0 332.7 Order backlog 1) 340.0 324.1 324.1 351.9 276.1 276.1 Net sales 190.7 183.4 374.1 191.9 190.0 381.9 Growth +7.0% -4.4% +1.1% +0.6% +3.6% +2.1% Operating profit 14.9 17.0 31.9 21.6 17.
Slide 27: Strong and stable equity
Strong and stable equity Equity ratio Significant shareholders in % (share in %) 2 AFC Beteiligungen AG restated 35 Thomas Matter 55.0 62.4 56 Public shareholders 53.8 54.5 54.5 7 Board of Directors and Group Mgmt. 2021 2022 2023 2024 2025 27