Switzerland's Feintool H1 revenue rises on cost cuts, stronger regional demand
Switzerland's Feintool H1 revenue rises on cost cuts, stronger regional demand
Overview
Switzerland precision parts maker's H1 revenue rose 5.6% despite challenging market conditions
EBITDA rose 47% and EBIT turned positive from a loss a year earlier
Free cash flow improved but remained negative due to higher trade receivables
Outlook
Feintool expects 2026 revenue growth of about 4%
Company sees 2026 EBIT margin broadly in line with first-half level
Feintool targets significantly positive free cash flow for 2026
Result Drivers
COST STRUCTURE IMPROVEMENTS - Co said transformation measures, including improved cost structure and operational flexibility, strengthened competitiveness and supported profitability growth
REGIONAL DEMAND TRENDS - Europe benefited from growth in fineblanking and cold forming and higher industrial demand; U.S. saw robust demand for hybrid and combustion drivetrain components; Asia gained from automotive industry shift and new India facility
DIVERSIFICATION - Growing diversification in industrial and green energy applications expanded addressable market beyond traditional automotive business
Company press release: ID:nGNE56rB6D
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Sales |
| CHF 353.30 mln |
|
H1 EBIT |
| CHF 8.80 mln |
|
H1 EBITDA |
| CHF 34.10 mln |
|
H1 EBIT Margin |
| 2.50% |
|
H1 Free Cash Flow |
| -CHF 4.50 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy."
Wall Street's median 12-month price target for Feintool International Holding AG is CHF11.00, about 0% even its August 26 closing price of CHF11.00
The stock recently traded at 36 times the next 12-month earnings vs. a P/E of 33 three months ago
Reuters Recommended Reads
Aug 26 - Switzerland's EDAG H1 revenue falls on challenging market conditions
Aug 25 - Germany's MS Industrie returns to profit in H1
Aug 25 - China auto parts supplier Minth Group's H1 revenue rises on European NEV demand
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Recent news on Feintool International Holding AG
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Switzerland's Feintool H1 revenue rises on cost cuts, stronger regional demand
Brief: Feintool International H1 Sales CHF 353.3 Million
Feintool's 2025 sales fall but cost focus helps EBIT; no dividend for 2025
Brief: Feintool International FY EBIT CHF 4.7 Million