The Mikron Group develops, produces and markets highly precise, productive and adaptable automation solutions, machining systems and cutting tools. Rooted in the Swiss culture of innovation, Mikron is a global partner to companies in the automotive, pharmaceutical, medtech, consumer goods, writing instruments and watchmaking industries. The Mikron Group enables its customers to increase quality and industrial productivity. The Group has over 100 years of experience, state-of-the-art technologies, and a global service. The two business segments Mikron Automation and Mikron Machining Solutions are based in Switzerland (Boudry and Agno). Additional production sites are located in Germany, Singapore, China and the USA. Mikron Holding AG shares are traded on SIX Swiss Exchange (MIKN). The Mikron Group employs a total workforce of around 1,400.
Led by the vision of “creating value with passion for precision” and Mikron’s mission statement, the Board of Directors periodically reviews the Group’s strategy. In December 2018, the Board approved the budget for the year 2019 as well as a mid-term plan for the years 2020 and 2021. Unchanged from the targets communicated in the last few years, the Board of Directors expects the Mikron Group to improve profitability to an EBIT margin of 5–7%, while growing sales in the magnitude of 5% annually on average.
Six values guide Mikron’s management and staff: skilled and motivated employees, market and customer focus, focus on targets and results, responsibility and role model function, quality and confidentiality. These values serve as a common basis on which we do business and develop the company and our people. For more information see Mission & Values.
The strategy of Mikron Automation aims to provide customers with the highest performance assembly and test solutions and to support these customers in ramping up, optimizing and maintaining production capacity throughout the life cycle. As the partner of choice for global blue-chip customers from the pharmaceutical and medical devices industries, it aims to maintain its leadership position in Europe, to strengthen the footprint in Asia and grow at a disproportionately high rate in the US. Other customer segments such as the automotive industry, consumer goods and electronics are expected to contribute to the growth. Competing against a significant number of smaller and a few larger competitors, Automation is in pole position thanks to its platform-based assembly concepts supported by fully customized automation and its technical expertise in engineering innovative solutions and compelling value propositions. Aligned processes and world-class project execution enable the Automation business segment to master projects across several sites and thus also deliver projects worth up to CHF 20 million.
The strategic objectives of Mikron Machining Solutions are to strengthen its leadership position in the transfer machining niche, expand the service business by introducing additional services and addressing the whole installed machine base, and grow the cutting tool business – primarily its standardized "CRAZY" family products. As an innovative technology leader, the Machining business segment plans to introduce to the market at least one newly developed high-end cutting tool every year and a new or significantly improved base machine every two to three years. Delivering machining solutions and cutting tools to different customer segments globally is an important driver for further growth, while the automotive industry is expected to remain the dominant customer segment. In its niche, Machining Solutions competes mainly against other transfer machine, transfer center and multispindle machining center manufacturers. We want our customers to recognize Machining Solutions as an international solution provider with the capability to adapt its innovative products quickly to specific needs and to execute projects efficiently with globally aligned key processes.