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Swiss automation and machining systems manufacturer Mikron Group AG reported lower first-half 2026 results as weaker demand in its Automation and Machining businesses offset strong growth in its Tool division. Despite the softer performance, the company reaffirmed its full-year outlook and expects improving order intake to support business in the second half of the year.
Mikron posted net sales of CHF 180.5 million for the first six months of 2026, representing a 5.9% decline compared with the same period last year. The company also reported an operating profit of CHF 16.1 million, while its operating profit margin narrowed to 8.9%, down from 11.3% a year earlier.
The decline in profitability was primarily driven by the Automation division, where lower sales weighed on earnings. Meanwhile, the Machining division recorded a 13.4% year-over-year drop in sales, reflecting continued weakness in market conditions, particularly across Europe. The challenging business environment in the region continued to pressure customer demand for machining solutions during the reporting period.
In contrast, Mikron’s Tool division delivered a solid performance, with sales increasing 12.6% from a year earlier. The company said every geographic region contributed to the division’s growth, highlighting resilient demand for its tooling products despite broader market headwinds.
Mikron also continued expanding its international footprint during the first half of the year. The company opened a new production facility in the United States and established a legal entity in India, moves aimed at strengthening its presence in key global markets and supporting future business growth.
Looking ahead, Mikron maintained its full-year 2026 guidance, forecasting net sales between CHF 340 million and CHF 380 million. The company also expects its operating profit margin to range between 7% and 10% for the year.
Management remains optimistic that the recent improvement in order intake will continue throughout the second half of 2026, providing support for future revenue and profitability as market conditions gradually stabilize.
