Core Insights - Ascom reconfirms its full-year guidance for 2025, expecting low single-digit revenue growth at constant currencies and an EBITDA margin of 9–10% [2][14] - The company is focused on becoming a leading provider in critical communication and collaboration within the Healthcare and Enterprise sectors, with a streamlined regional structure [3][4] Financial Performance - Net revenue for H1 2025 was CHF 140.0 million, a slight decrease of 1.5% at actual currencies compared to H1 2024 [8][15] - Incoming orders decreased to CHF 156.6 million, down 5.7% at actual currencies from CHF 166.1 million in H1 2024 [8][15] - EBITDA increased to CHF 12.1 million, with an EBITDA margin of 8.6%, up 1.2 percentage points from 7.4% in H1 2024 [11][15] - Group profit for H1 2025 was CHF 2.2 million, down from CHF 2.9 million in H1 2024, affected by unrealized foreign currency exchange effects [8][11] Market and Operational Developments - The order backlog as of June 30, 2025, was CHF 309.6 million, a slight decline of 0.6% from CHF 311.5 million a year earlier, but increased by 3.7% in constant currencies [6][15] - The company has integrated service, operations, and solutions teams across regions to enhance growth and cost-effectiveness [4][9] - Ascom is completing product containerization to support converged and cloud-based platforms, which is a significant investment aimed at enhancing customer value [9] Shareholder Initiatives - Ascom has initiated a share buyback program for up to 3 million registered shares, with a maximum buyback amount of CHF 15.0 million, aimed at reinforcing shareholder value [13]