2017-11-02
Mikron Group adjusts outlook
Biel, November 2, 2017, 7 a.m. – In the third quarter of 2017, the Mikron Group reported encouraging order intake from various market segments, especially for machining systems. The prospects for the fourth quarter are also promising: The Mikron Automation division in particular is expecting an upturn in orders from the USA. At the same time, the tool and service business continues to perform well. By the end of the year, the Group is set to increase order intake compared with the previous year. Thus it will start the 2018 financial year with a healthy order backlog.
Since some orders were approved considerably later than anticipated, however, recent developments will only have a small effect on sales for the current year. Compared with the previous year, the Mikron Group is therefore expecting a decline in sales and EBIT for the 2017 financial year.
Contact
Mikron Management AG, Martin Blom, CFO Mikron Group,
phone +41 91 610 62 09, ir.mma@mikron.com
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Investor Relations Calendar
March 12, 2018, 07.00 a.m. – Media release: Publication of the 2017 Annual Report
March 12, 2018, 10.00 a.m. – Media and analysts conference
April 12, 2018, 04.00 p.m. – Annual General Meeting 2018
Except for the historical information contained herein, the statements in this media release are forward-looking statements that involve risks and uncertainties.
Mikron® is a trademark of Mikron Holding AG, Biel (Switzerland).
Brief profile of the Mikron Group
The Mikron Group develops, produces and markets automation and machining systems that enable extremely precise and productive manufacturing processes. Rooted in the Swiss culture of innovation, the group is a globally leading partner to companies in the automotive, pharmaceutical, medtech, consumer goods, writing instruments and watchmaking industries. The two divisions, Mikron Automation and Mikron Machining, are based in Switzerland (Boudry and Agno). The company has additional production facilities in Germany, Singapore, China and the US. The 1,250 employees of the Mikron Group can draw on over 100 years of experience in the production of high-precision systems for large-series product manufacture. Mikron Holding AG shares are traded on SIX Swiss Exchange (MIKN).