LEM Holding SA ( (LMHDF) ) has released its Q4 earnings. Here is a breakdown of the information LEM Holding SA presented to its investors.
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LEM Holding SA, a leader in electrical measurement solutions, operates in sectors like automation, automotive, renewable energy, and energy distribution, with a focus on sustainability and innovation. The company’s latest earnings report reveals a challenging year with a 24.4% decline in sales to CHF 306.9 million, but a strong rebound in bookings, particularly in China and the automotive sector. Key strategic initiatives include the ‘Fit for Growth’ transformation program aimed at improving competitiveness and agility, with expected significant EBIT improvements in the coming years. Despite the downturn, LEM has maintained a high R&D investment, launched over 20 new products, and achieved 100% renewable electricity at all sites. Looking forward, LEM management remains optimistic about stabilization in the automotive sector and continues to focus on aligning its operations with global megatrends like electrification and renewable energy.