Huber+Suhner slips pre-market after H1 EBIT, communications orders miss

Huber+suhner AG

18/08/2026 08:15

** Shares in Huber+Suhner HUBN.S fall 6% in Swiss pre-market trade after core profit, orders in communications biz miss expectations
** The optical connectivity products maker reports H1 EBIT at CHF 41 million ($51 million), missing consensus by 18%, which Vontobel puts on ramp-up costs in optical circuit switches
** The broker also points to communications biz orders falling 30% y/y to CHF 457 million, missing expectations by 31% amid weakness in traditional markets such as 5G
** Results were otherwise solid, driven entirely by the Industry segment, the broker says, while the company's unchanged FY guidance implies a stronger H2
($1 = 0.8116 Swiss francs)

(Reporting by Isabela Kruczynska)
((Isabela.Kruczynska@thomsonreuters.com))