Switzerland's LEM 9-month sales stable, raises FY sales outlook

Lem Holding SA

06/02/2026 05:40

Overview

Switzerland electrical measurement firm's sales stable in first nine months fiscal 2025/26

Company raises full-year sales expectations to CHF 275-290 mln

"Fit for Growth" program improved operational efficiency, reducing SG&A by 12.8%

Outlook

LEM raises full-year sales view to CHF 275-290 mln from CHF 265-290 mln

Company targets high single-digit EBIT margin for 2025/26

Product launches expected to accelerate growth momentum

Result Drivers

AUTOMATION AND AUTOMOTIVE - Strong performance in Automation and Automotive segments at constant currency rates, with growth of 6.8% and 5.7% respectively

GROSS MARGIN STABILIZATION - Strategic pricing and supply productivity gains supported gross margin stabilization at 39.8% year-to-date

FIT FOR GROWTH PROGRAM - Operational efficiency improved through 'Fit for Growth' program, reducing SG&A by 12.8%

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
9M Sales
CHF 218.40 mln
9M EBIT Margin
8.50%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the electrical components & equipment peer group is "buy."

Wall Street's median 12-month price target for Lem Holding SA is CHF410.00, about 44.4% above its February 5 closing price of CHF284.00

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nEQ7gYTyQa

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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.)