LEM HOLDING SA Reports 2024/25 Results Amid Challenging Conditions

LEM HOLDING SA announced a 24.4% decline in sales to CHF 306.9 million for the financial year 2024/25, reflecting a challenging environment. Despite the downturn, the company witnessed a 2.3% sales increase in Q4 compared to Q3, indicating early signs of recovery. Particularly noteworthy was the 14.8% growth in the Chinese automotive market, suggesting strength in that sector.

Bookings rose by 7.8% to CHF 262.2 million, with significant increases in China (81.5%) and the automotive sector (57.4%). The gross profit margin slightly decreased from 46.6% to 43.2%. EBIT dropped by 76.7% to CHF 18.9 million due to restructuring costs. LEM's "Fit for Growth" program aims for EBIT improvements in future years.

The Board proposed no dividend for the year amid economic uncertainties. An upward trend in Automotive bookings points toward stabilization, although inventory risks and global tariffs remain factors for consideration.