Ad hoc announcement pursuant to Art. 53 LR:

Half-Year Report 2026

Boudry, July 17, 2026, 7.00 a.m. – Mikron (SIX: MIKN) today reports unaudited financial results in the range of the guidance for the year. Net sales of CHF 180.5 million for the first half of 2026 decreased by 5.9% compared with CHF 191.9 million in the same period of the prior year. At constant exchange rates, net sales declined by 3.5%. Operating profit amounted to CHF 16.1 million compared with CHF 21.6 million in the prior-year period. The operating profit margin was 8.9% (first half of 2025: 11.3%).

Order intake
At CHF 134.5 million, the Mikron Group’s order intake for the first half of 2026 was below the first half of 2025 (CHF 220.7 million) but improved compared with the second half of the previous year (CHF 112.0 million). The Group expects this positive trend to continue in the second half of 2026. 

Net sales
Net sales amounted to CHF 180.5 million in the first half of 2026 compared with CHF 191.9 million in the prior-year period, representing a decrease of 5.9%. At constant exchange rates, net sales decreased by 3.5%. Net sales in the Automation division were 8.0% below a very strong prior-year period. The Machining division, which continued to operate in a persistently challenging market environment, particularly in Europe, was 13.4% below the prior-year level. In contrast, the Tool division achieved solid sales growth of 12.6% with contributions from all the regions. 

Profitability
Mikron’s operating profit amounted to CHF 16.1 million, corresponding to 8.9% of net sales, compared with CHF 21.6 million or 11.3% in the prior-year period. The reduction in profitability was primarily driven by lower sales in the Automation division. Net profit for the first half of 2026 amounted to CHF 13.8 million, compared with CHF 18.3 million in the prior-year period.

Global Footprint
During the first half of 2026, Mikron further strengthened its global footprint: A new Mikron Tool facility in the U.S. is scheduled to start operations in the third quarter of 2026, while a new legal entity for the Automation and Machining divisions was incorporated in India. These investments enhance the Group’s proximity to key markets and are expected to support future sales growth in both regions.

Outlook
The Group confirms its full-year 2026 guidance and expects net sales of CHF 340–380 million and an operating profit margin of 7–10%.

Key figures for the Mikron Group
From the first half of 2026 onwards, the Mikron Group reports its order intake, order backlog, and net sales by its three divisions.
 

1.1.–30.6.26

1.1.–30.6.25

+/-

CHF million

Order intake ¹⁾

134.5

220.7

-39.1%

- Automation

77.6

168.8

-54.0%

- Machining

23.1

23.3

-0.9%

- Tool

34.0

28.9

17.6%

 180.5

191.9

-5.9%

- Automation

115.6

125.7

-8.0%

- Machining

32.1 

37.1

-13.4%

- Tool

33.0

29.3

12.6%

Order backlog ^{1) 2)}

 232.3

351.9

-34.0%

- Automation

175.9

274.0

-35.8%

- Machining

49.1

73.2

-32.9%

- Tool

 7.4

4.9

51.0%

Operating profit

as % of net sales

16.1

 8.9%

21.6

11.3%

-25.5%

 13.8

18.3

-24.2%

Free cash flow ¹⁾

9.9

-7.2

n.a.

30.6.2026

31.12.2025

374.1

379.1

-1.3%

241.7

236.6

2.1%

Equity ratio ¹⁾

64.6%

62.4%

2.2% pts.

¹⁾ Alternative performance measure, see 2026 Half-Year Report, page 11, or www.mikron.com/apm

²⁾ End of period
 

Brief profile of the Mikron Group
The Mikron Group develops, produces, and markets highly precise, productive, and adaptable automation solutions, machining systems, and cutting tools. Rooted in the Swiss culture of innovation, Mikron is a global partner to companies in the pharmaceutical, medtech, consumer goods, automotive, and general engineering industries. The Mikron Group enables its customers to increase quality and industrial productivity. The Group has over 100 years of experience, state-of-the-art technologies, and a global service. The three divisions Mikron Automation, Mikron Machining, and Mikron Tool are based in Switzerland (Boudry and Agno). Additional production sites are located in the USA, Germany, Singapore, China, Lithuania, and Italy. Mikron Holding AG shares are traded on SIX Swiss Exchange (MIKN). The Mikron Group employs a total workforce of around 1,530.

Publication of half-year results for 2026
The half-year results are published at the same time as this ad hoc announcement in the form of the 2026 Half-Year Report: www.mikron.com/financial-reports

Media and Analyst Conference
The results will be discussed at a joint media and analyst webcast on July 17, 2026, at 10.00 a.m. CEST: Mikron half year 2026 results webcast

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