Positive Momentum in Key Segments
The Automation, Automotive, and Track segments showed growth, with Automotive growing by 9% in constant currencies and the Track business growing by 15%.
Improved Cash Flow
The company improved its cash flow from a negative CHF 12 million to CHF 5.6 million in the first half of fiscal 2025-2026.
Successful Cost Reduction Initiatives
The Fit for Growth program resulted in significant cost reductions, with SG&A expenses declining by 13% and R&D savings of more than 20%.
Strategic Geographic Expansion
The new plant in Malaysia is producing at the same volume as the Bulgaria site, indicating successful geographic diversification.