Bystronic Ag · SIX:BYS
Bystronic — H1 2025 Earnings Presentation
13 slides from Bystronic's earnings presentation, Jul 25, 2025
Slide 1: Half-year results
Half-year results July 25, 2025 Domenico Iacovelli, CEO
Slide 2: Agenda
Agenda • Business review • Financial review • Outlook • Q&A 2
Slide 3: Disclaimer
Disclaimer The information in this presentation relating to the business performance of the Bystronic Group is of a summary nature only. The information published in the Half-Year Reports 2024 and 2025 of Bystronic AG, and the information on the website www.bystronic.com prevails. Although the great
Slide 4: Key figures first half 2025
Business review Key figures first half 2025 Order intake Net sales EBIT +3.5% 1 -6.2% 1 +65.9% 1 Order intake of CHF 309.4 m Net sales decline to Substantially reduced loss: around last year’s level CHF 304.6 m CHF -7.9 m in H1 2025 vs. CHF -23.0 m in H1 2024 1 at constant exchange rates 4
Slide 5: The market is trending sidewards – Bystronic stabilized order intake in the past quarters
Business review The market is trending sidewards – Bystronic stabilized order intake in the past quarters Order intake per quarter Market development in CHF million per region 218 203 204 169 164 159 158 154 155 China 144 Americas EMEA APAC Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25
Slide 6: We have successfully completed our restructuring and reorganization
Business review We have successfully completed our restructuring and reorganization Divisional structure Efficiency (Systems & Service) • Bundled competencies • Strong market focus • Consolidated group functions • Clear responsibilities • Optimized production set-up • Fast decision-making Innovation
Slide 7: The completion of our restructuring and reorganisation led to a lower cost base
Business review The completion of our restructuring and reorganisation led to a lower cost base … on track to reach our commitments Personnel costs Fixed OPEX Avg. FTE in CHF m in CHF m absolute number 123 3,525 > CHF 60m annualized savings 105 2,940 > 600 FTE reductions 59 2025 2/3 of savings effec
Slide 8: We further sharpened our focus on customers, innovation and people
Business review We further sharpened our focus on customers, innovation and people Customers Innovation People • Increased customer participation in open • Launch of ByTube Star 330 • Kicked off our mindset journey in Switzerland house events, shows and visits • Striving to improve product quality a
Slide 9: Operational performance demonstrates success of restructuring
Financial review Operational performance demonstrates success of restructuring in CHF million H1 2025 H1 2024 Net sales 304.6 330.9 Sales decline of 8% - decline in both divisions Systems and Service Other operating income 1.7 2.2 Material expenses (120.8) (134.9) + changes in inventories Slightly i
Slide 10: Continued strong balance sheet provides stability in a challenging environment
Financial review Continued strong balance sheet provides stability in a challenging environment in CHF million June 30, 2025 Dec 31, 2024 Cash and securities Cash and securities 306.7 323.0 Continued solid cash position Trade receivables 84.9 94.4 Inventories 186.2 200.8 Net working capital Other cu
Slide 11: Cash flow development
Financial review Cash flow development in CHF million H1 2025 H1 2024 Cash flow development Net result (12.9) (20.8) Lower advance payments from Depreciation and amortization 8.1 10.2 customers due to weaker order Increase/decrease in: dynamics inventories 3.3 3.3 trade receivables 3.7 11.7 Cash out
Slide 12: 2025 as a transition year
Outlook 2025 as a transition year • Bystronic expects a continued difficult market situation • Should the markets recover, the company expects order intake in the second half of the year to increase slightly over the first half of the year • Strong CHF against all major currencies • 2/3 of the cost
Slide 13: Q&A
Q&A