LEM Reports Stable Sales Amid Currency Challenges

LEM HOLDING SA announced stable sales in the first nine months of 2025/26, despite encountering currency headwinds. Sales at constant currency rates increased by 0.2%, while reported sales in CHF dropped by 5.4% to CHF 218.4 million due to CNY and USD depreciation. Notably, segments like Automation and Automotive showed growth, increasing by 6.8% and 5.7% respectively in constant currency.

Bookings increased slightly, maintaining a stable book-to-bill ratio of 0.99. The gross profit margin remained steady at 39.8%, thanks to strategic pricing and productivity gains. EBIT stood at CHF 7.1 million, with a year-to-date margin of 8.5%, supported by the "Fit for Growth" program, which reduced SG&A by 12.8%.

Looking ahead, LEM has raised its full-year sales expectations to CHF 275-290 million and targets a high single-digit EBIT margin. Product launches are anticipated to drive future growth.