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Mikron reports sales increase and high order backlog
Ad hoc announcement pursuant to Art. 53 LR:
Mikron Group’s provisional closing figures for 2022
Biel – The Mikron Group once again significantly improved its earnings situation in the past financial year. Both business segments succeeded in increasing annual net sales and achieving record results in terms of order intake. According to provisional, unaudited figures, the Group increased net sales from CHF 289.5 million in 2021 to CHF 309.4 million in 2022 (+6.9%). The Group was able to improve its order intake by 33.5%.
At CHF 408.0 million, the Mikron Group’s order intake in the 2022 business year was CHF 102.3 million higher than in 2021 (CHF 305.7 million, +33.5%). The Mikron Automation business segment contributed CHF 239.0 million to order intake, while the Mikron Machining Solutions business segment posted CHF 169.0 million.
Net sales and order backlog
The Mikron Automation business segment contributed CHF 183.8 million (previous year: CHF 176.7 million, +4.0%) to Group net sales of CHF 309.4 million (previous year: CHF 289.5 million, +6.9%); the Mikron Machining Solutions business segment increased its share from CHF 112.9 million to CHF 125.7 million (+11.3%). At CHF 270.7 million, the Group’s order backlog at year-end was 53.2% higher than at the end of 2021 (CHF 176.7 million). As some of these orders are long-term projects, a significant portion of the order backlog from the end of 2022 will not impact the Mikron Group’s sales until 2024.
For the 2022 business year, Mikron is expecting an EBIT margin of 8% to 9% (previous year: 6.1%). Profit is expected to benefit from positive tax effects.
Mikron will announce the Group’s detailed closing figures for 2022 at the Media and Analyst Conference on March 10, 2023.
Preliminary volume figures for the Mikron Group
|– Machining Solutions||169.0||135.4||+24.8%|
|Net sales Group||309.4||289.5||+6.9%|
|– Machining Solutions||125.7||112.9||+11.3%|
|– Machining Solutions||101.8||61.1||+66.6%|
1) Alternative performance measures, see Annual Report 2021, pages 102 to 104, or www.mikron.com/apm
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 automotive, pharmaceutical, medtech, consumer goods, writing instruments and watchmaking 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 two business segments Mikron Automation and Mikron Machining Solutions are based in Switzerland (Boudry and Agno). Additional production sites are located in the USA, Germany, Singapore, China and Lithuania. Mikron Holding AG shares are traded on SIX Swiss Exchange (MIKN). The Mikron Group employs a total workforce of around 1,350.
Investor Relations Calendar
March 10, 2023, 07.00 a.m. – Ad hoc announcement pursuant to Art. 53 LR: Publication of the 2022 Annual Report
March 10, 2023, 10.30 a.m. – Media and Analyst Conference
April 26, 2023, 04.00 p.m. – Annual General Meeting 2023
July 20, 2023, 07.00 a.m. – Ad hoc announcement pursuant to Art. 53 LR, semi-annual results 2023
Except for the historical information contained herein, the statements in this ad hoc announcement are forward-looking statements that involve risks and uncertainties.
Mikron® is a trademark of Mikron Holding AG, Biel (Switzerland).