HUBER+SUHNER records higher order intake in 2025

Order intake and net sales in 2025 (unaudited)

In the 2025 financial year, HUBER+SUHNER achieved significantly higher order intake in an economic environment characterised by uncertainty. This was thanks to major orders in the Data Center growth initiative and broad-based demand in the Industry segment. The Group's order intake amounted to CHF 1’032.0 million, up 13.7% on the previous year's figure.

The appreciation of the Swiss franc had a negative impact on net sales, which declined by 3.3% to CHF 864.1 million in 2025. Adjusted for currency, copper price and portfolio effects, the figure was unchanged compared to the previous year.

Industry segment with double-digit percentage growth
The Industry segment benefited from broad-based demand, with order intake increasing by 16.2% in the reporting period. All subsegments – Test & Measurement, High Power Charging, General Industrial, and particularly the Aerospace & Defense growth initiative – showed a positive development. Net sales in the segment increased by 17.5%.

Demand for optical switches boosts order intake in the Communication segment
Thanks to major orders for optical circuit switches (OCS) from a global operator of hyperscaler data center infrastructures, order intake in the Communication segment increased by a total of 21.9%. The OCS orders are expected to lead to significant sales for the Data Center growth initiative starting in 2026. Compared with the prior-year period, which included a major project to expand the mobile infrastructure in India, net sales were 22.4% lower. This was also due to the generally weak demand in the fixed network and mobile communications markets.

Transportation segment stable year-over-year
After a decline in 2024, the Transport market segment stabilised in terms of order intake (-0.3%) and net sales (+0.3%). The larger Railway subsegment recorded higher sales amid an almost unchanged order intake, with the Rail Communications growth initiative continuing to show a positive sales development. The Automotive subsegment saw lower sales with a slightly positive trend in order intake.

Full-year 2025 results
As part of the publication of the Annual Report, the detailed financial results will be presented at the media and analysts’ conference on 10 March 2026. As communicated in the updated guidance in December last year, HUBER+SUHNER expects an operating profit margin (EBIT margin) of 10–11% for the 2025 financial year.