Mikron Holding AG (SIX: MIKN) has announced its unaudited financial results for the first half of 2026, reporting net sales of CHF 180.5 million and reaffirming its full-year guidance despite a challenging market environment. The company said its performance remained within the expected range for the year, supported by improving order momentum and continued investments in expanding its global operations.
Net sales for the six months ended June 30, 2026, stood at CHF 180.5 million, compared with CHF 191.9 million in the corresponding period last year, representing a decline of 5.9%. On a constant currency basis, sales were down 3.5%. Operating profit for the period was CHF 16.1 million, resulting in an operating profit margin of 8.9%, compared with CHF 21.6 million and an operating margin of 11.3% in the first half of 2025. Net profit amounted to CHF 13.8 million, compared with CHF 18.3 million in the previous year.
The Group recorded an order intake of CHF 134.5 million during the first half of 2026. While this was lower than the exceptionally strong CHF 220.7 million reported in the same period last year, it marked an improvement over the CHF 112.0 million received in the second half of 2025. Mikron expects this positive order trend to continue during the remainder of the year.
Business performance varied across the company’s three operating divisions. The Automation division recorded an 8.0% decline in sales compared with the strong performance delivered in the previous year, while the Machining division experienced a 13.4% decline amid continued weakness in the European market. In contrast, the Tool division reported 12.6% sales growth, driven by demand across all key geographic regions.
The decline in operating profitability was primarily attributed to lower sales volumes in the Automation division. Despite this, the company maintained its focus on operational efficiency while continuing to invest in strategic initiatives designed to strengthen its long-term market position.
During the first half of the year, Mikron expanded its international footprint with the establishment of a new legal entity in India to support its Automation and Machining businesses. The company also announced that its new Mikron Tool manufacturing facility in the United States is scheduled to begin operations during the third quarter of 2026. These investments are expected to improve customer proximity and support future growth in both markets.
Looking ahead, Mikron has reaffirmed its guidance for the full year and continues to expect net sales between CHF 340 million and CHF 380 million, with an operating profit margin of 7% to 10%. Beginning with the first-half 2026 results, the Group has introduced enhanced financial reporting by disclosing order intake, order backlog and net sales separately for its Automation, Machining and Tool divisions.
The Mikron Group develops and manufactures precision automation solutions, machining systems and cutting tools for customers in the pharmaceutical, medical technology, consumer goods, automotive and general engineering sectors. Headquartered in Switzerland, the company operates production facilities in Switzerland, the United States, Germany, Singapore, China, Lithuania and Italy, and employs approximately 1,530 people worldwide. Mikron Holding AG is listed on the SIX Swiss Exchange under the ticker MIKN.
