Landis+Gyr

After selling its EMEA business, revenue from April to September fell 6.3% to $501.4 million, while profitability improved: adjusted gross profit rose to $189.2 million and the gross margin reached 37.7% (a half-year record). Adjusted EBITDA increased to $73.9 million (margin 14.7%) and profit from continuing operations climbed to $51.1 million. The order backlog stood at $2.72 billion; after the period end a large $509 million order was booked. Targets for 2026/27 were adjusted: adjusted EBITDA margin now 15–16% and revenue guidance $1.085–1.115 billion; preparations for a US listing are also underway. » Más en finanzen.net

Landis+Gyr has won a major contract covering more than 3 million metering points. The delivery includes Revelo meters, network technologies and security solutions to modernize the power grid and improve grid transparency and operational performance. » Más en finanzen.net

Landis+Gyr has approved a share buyback program of up to USD 37 million to return the net proceeds from the sale of its EMEA business to shareholders. A maximum of 2.09% of issued registered shares will be repurchased via the ordinary trading line of the SIX Swiss Exchange. The buyback will be financed from capital contribution reserves, begins on 21 August 2026 and will run until no later than 27 October 2028. » Más en finanzen.net