Mikron reports net sales of CHF 374.1 million for 2024

Boudry, January 24, 2025, 7.00 a.m. – Mikron (SIX: MIKN) today reports preliminary and unaudited net sales of CHF 374.1 million for 2024, an increase of 1.0% compared with the prior year. Both business segments showed modest growth which demonstrates the Group’s resilience in a difficult market environment, particularly in Europe. With a healthy order backlog, Mikron is well positioned at the start of 2025.

Order intake and order backlog

Mikron’s order intake for 2024 was CHF 388.6 million, which is a decrease of 5.7% compared to the prior year. Automation contributed CHF 265.0 million, a decrease of 4.0%. Solid results in Europe and Asia were offset with a decline in America. Machining Solutions ended the year with an order intake of CHF 123.7 million, a decrease of 9.1% which is a result of a general weakening of the market in Europe while America was growing.

Mikron enters 2025 with a healthy order backlog of CHF 324.1 million. This is an increase of 6.5% compared with the prior year.

Net sales

Mikron’s net sales were CHF 374.1 million, an increase of 1.0% compared with the prior year. Automation contributed CHF 233.3 million, an increase of 0.9% with a strong growth in Europe offset by a decline in America. Machining Solutions increased net sales by 1.2% to CHF 140.8 million, which is a good result given the difficult market conditions, particularly in Europe.

Profitability

For the 2024 financial year, Mikron expects an operating profit margin of around 8.5% (prior year: 9.0%).

Mikron will announce the Group’s detailed figures for 2024 on March 7, 2025.
 

Preliminary order and sales numbers of the Mikron Group

¹⁾ Alternative performance^{measures, see Annual Report 2023, pages 148 to 150, or www.mikron.com/apm}

²⁾ End of period