Switzerland's Huber+Suhner 9-month sales rise on broad-based growth
Switzerland's Huber+Suhner 9-month sales rise on broad-based growth
Overview
Swiss connectivity firm's nine-month net sales rose 11.3% yr/yr to CHF 734.1 mln
Order intake for nine months was stable at CHF 811.9 mln
Growth driven by Industry and Transportation segments; Communication narrowed sales decline
Outlook
Company continues to target at least 10% organic sales growth for 2026
Company expects 2026 EBIT margin between 10.5% and 12.0%
Company says outlook depends on inflation, exchange rates and geopolitical developments remaining stable
Result Drivers
INDUSTRY SEGMENT - Broad-based growth in Industry, especially from Aerospace & Defense and Test & Measurement, drove results; Ingun acquisition contributed from September
TRANSPORTATION SEGMENT - Automotive and Electric Vehicle initiatives supported Transportation growth; Rail Communications also contributed
COMMUNICATION SEGMENT - Data Center initiative helped narrow sales decline as OCS backlog was worked through
Company press release: ID:nEQ1zfLYLa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
9M Sales |
| CHF 734.10 mln |
|
9M Orders |
| CHF 811.90 mln |
|
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(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.)