Core Insights - Schweiter Technologies reported a decline in net sales by 11% to CHF 904 million, with an adjusted decline of 8% when accounting for currency fluctuations [1][4][5] - The company generated an adjusted EBITDA of CHF 74 million, representing a margin of 8.3%, down from 9.4% in the previous year [1][4][5] - A free operating cash flow of CHF 39 million was achieved, and the net cash position improved to CHF 56 million, supported by effective working capital management [1][5] Business Performance - The divestment of the loss-making Bus & Rail business unit on July 31, 2025, streamlined the company's portfolio, resulting in a recognized loss of CHF 31 million [2] - The Display business faced lower sales due to weak economic conditions in Europe and North America, with a focus on innovation and sustainability in product offerings [6] - The Core Materials business performed solidly, driven by the wind energy sector, particularly in China, while profitability remained above the Group average [7] - The Architecture business experienced slightly lower sales, with regional variations, and aimed to transform from a facade panel manufacturer to a facade system solution provider [8] - The Transport & Industry business faced subdued customer demand but introduced new material solutions to enhance its offerings [9] Strategic Focus - The company is focusing on lightweight composite materials to address customer trends such as weight reduction and sustainability [3] - A strong emphasis on operational excellence and procurement measures has been implemented to optimize material expenses relative to net sales [3] Outlook - The short-term outlook remains challenging with limited visibility across key markets, but an upswing in Core Materials is expected in the second half of the year [11] - The company is committed to progressing its product portfolio transformation and maintaining cost optimization initiatives to safeguard margins [11]