Ascom preliminary results 2025

Core Insights - Ascom reported a net revenue of CHF 292.1 million for fiscal year 2025, reflecting a 3.8% increase at constant currencies and a 1.9% increase at actual currencies compared to 2024 [1] Revenue Performance - Revenue growth was observed in all three regions, with the USA & Canada showing the highest growth at 7.3%, supported by a significant order delivered in December [2] - The South region experienced a revenue increase of 4.5%, particularly in Germany, Italy, and Central and Eastern Europe [2] - The North region's net revenue grew by 1.5%, driven by key markets Norway and Sweden [2] Orders and Backlog - Incoming orders totaled CHF 311.1 million, marking a 3.2% increase at constant currencies and a 1.2% increase at actual currencies compared to 2024 [3] - The order backlog at year-end 2025 was CHF 310.7 million, up from CHF 301.5 million at the end of 2024 [3] Profitability and Financial Position - Ascom expects an EBITDA margin of approximately 11.5% to 12.0% for fiscal year 2025, a significant increase from 7.4% in 2024, attributed to higher revenue and operational improvements [3] - The Group profit for 2025 is anticipated to rise to a low double-digit million amount in CHF, compared to CHF 3.7 million in 2024 [4] - The company maintains a solid balance sheet with a net cash position of CHF 29.6 million as of year-end 2025, up from CHF 18.6 million at the end of 2024, and an equity ratio of around 40% [4] Upcoming Events - The full financial statements and the 2025 Annual Report, including dividend proposals and 2026 guidance, will be published on 9 March 2026 [5]