CHAM, Switzerland, May 7, 2026 /PRNewswire/ — Landis+Gyr Group AG (SIX: LAND), a global energy technology leader driving intelligent innovation across the entire grid, today announced its unaudited financial results for its fourth quarter and fiscal year 2025 ended March 31, 2026.
All amounts and disclosures reflect the Company’s continuing operations, including the Americas and Asia Pacific segments. The results of EMEA operations and certain other non-core operations are presented as discontinued operations.
Q4 2025
- Very strong execution in Q4 FY2025 with net revenue up 24.8% YoY to $352.4 million, adjusted gross margin of 36.7% and order intake of $346.3 million (1.0x orders/billing)
Fiscal year 2025
- Widespread order intake of $1.1 billion corresponding to a book-to-bill ratio of 0.95x and resulting in a stable backlog of $3.9 billion
- Net revenue of $1,166.2 million for fiscal 2025, up 4.2%, driven by the Americas region which grew 7.8%
- Adjusted EBITDA[1] of $167.5 million (up 10.9% year-over-year), driven by operating leverage and equivalent to a margin of 14.4% (up 90 basis points)
- Profit from continuing operations of $41.2 million, or $1.43 per share, and a net loss of $166.6 million, including a non-cash impairment related to the EMEA divestiture
- Cash flow from operating activities of $98.3 million, an increase of 24.6%, resulting in a reduction in net debt to adjusted EBITDA ratio of 0.9 times.
- Total capital returned to shareholders in fiscal 2025 of approximately $70 million
- Proposed distribution of CHF 1.20 per share (+4.3%)
Strategy and outlook
- Major strategic milestone reached with the finalized sale of EMEA activities in April 2026
- Fiscal 2026 targets net revenue between $1,075 million and $1,125 million and adjusted EBITDA margin between 14.5% and 15.5%
- Expectations through FY2028: Mid-single-digit revenue CAGR (%) with adjusted EBITDA growing approximately twice as fast.
“In fiscal year 2025, we delivered on both our strategic and operational transformation goals. In April 2026, we reached a major milestone in the transformation of Landis+Gyr with the finalization of the sale of our EMEA activities. Landis+Gyr is now a focused global business with significantly high profitability and cash generation profile. Compared to the structural configuration of Landis+Gyr in 2024, we improved the EBITDA margin by 450 basis points. thanks to the continued success of our teams and the strong momentum of our leading network technology with our customers, as evidenced by strong order intake in fiscal 2025. With an order backlog of nearly $4 billion and key strategic initiatives implemented, we enter fiscal 2026 with a strong foundation for sustainable value creation,” said Peter Mainz, CEO of Landis+Gyr.
Davinder Athwal, CFO of Landis+Gyr, commented: “The FY2025 results reflect disciplined execution and continued progress in strengthening our organization and cost structure. In fiscal 2025, we returned approximately $70 million to our shareholders and we intend to further increase shareholder compensation this year. For fiscal 2026, we expect net sales to be between $1.075 billion and $1.125 billion, as well as an improvement in adjusted EBITDA margin from 14.5% to 15.5%, and we expect our cash flow profile to significantly improve. rate.”
Read the full ad hoc announcement here.
About Landis+Gyr
Landis+Gyr is a global leader in energy technology, providing intelligent solutions that connect devices, data and decisions across the network. Trusted by more than 2,000 utilities worldwide, we transform traditional devices into networked smart sensors, providing utilities with real-time network visibility and system control. With this combined information, electricity, gas and water companies can anticipate demand, optimize their operations and provide more reliable, resilient, accessible, safe and sustainable energy for all. For more information, please visit our website www.landisgyr.com.
[1] For a reconciliation of non-GAAP measures, see the “Additional Reconciliations and Definitions (Unaudited)” chapter in this ad hoc announcement.
SOURCE Landis+Gyr Groupe SA
