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Landis+Gyr Reports Q4 and Full-Year FY 2025 Financial Results

On May 7, 2026, Landis+Gyr Group AG, a prominent player in global energy technology, shared its unaudited financial outcomes for the fourth quarter and the entire fiscal year of 2025, concluding on March 31, 2026. This announcement highlights the company's robust performance, particularly in its Americas and Asia Pacific business sectors, while the EMEA operations have been categorized as discontinued.

Q4 FY 2025 Performance

In Q4 of FY 2025, Landis+Gyr achieved remarkable results, reporting a year-over-year revenue increase of 24.8%, reaching $352.4 million. This surge in revenue indicates the strength of the company's operational execution, which included an adjusted gross margin of 36.7%. The order intake for this quarter was $346.3 million, maintaining a book-to-bill ratio of 1.0x, further signifying a healthy business pipeline.

Full-Year FY 2025 Highlights

For the full fiscal year, Landis+Gyr recorded a commendable net revenue of $1,166.2 million, reflecting a 4.2% increase. This growth was primarily fueled by a 7.8% increase in the Americas region, underscoring the importance of this market to the company’s overall strategy. The total order intake for the year stood at $1.1 billion, resulting in a stable backlog of $3.9 billion. The adjusted EBITDA reached $167.5 million, a 10.9% increase compared to the previous year, representing a margin of 14.4%, which is 90 basis points higher than FY 2024.

Landis+Gyr's income from continuing operations was $41.2 million, translating to $1.43 per share. However, the company reported a net loss of $166.6 million, largely due to a non-cash impairment associated with the divestment of its EMEA business. Encouragingly, cash flow from operating activities increased by 24.6%, amounting to $98.3 million, which contributed to a decreased net debt to adjusted EBITDA ratio of 0.9 times.

In favorable news for shareholders, the company returned approximately $70 million in capital and proposed a distribution of CHF 1.20 per share, up 4.3% from the previous year.

Strategic Milestones and Future Outlook

A significant strategic milestone was achieved with the closure of the EMEA business divestiture in April 2026. As the company moves forward, it anticipates net revenues between $1,075 million and $1,125 million for FY 2026, alongside improving adjusted EBITDA margins expected between 14.5% and 15.5%. Landis+Gyr aims for a mid-single-digit revenue compound annual growth rate (CAGR) leading up to FY 2028, projecting its adjusted EBITDA growth at approximately double this rate.

CEO Peter Mainz commented on the company’s achievements, emphasizing that FY 2025 was pivotal in executing both strategic transformations and operational goals. He expressed satisfaction with the strong order intake and the solid foundation for sustainable value creation as they embark on FY 2026. Further, CFO Davinder Athwal acknowledged the disciplined execution that has bolstered their organizational and cost structure, hinting at an exciting year ahead for Landis+Gyr with enhanced cash flow and revenue growth expected.

In conclusion, Landis+Gyr's financial performance and strategic movements position the company favorably for the future. The continued focus on core strengths and innovations in energy technology ensures that they remain a vital operator in the global energy landscape.

About Landis+Gyr

Landis+Gyr is a leading global energy technology company that focuses on delivering innovative solutions connecting devices, data, and decisions across energy grids. With more than 2,000 utility partners worldwide, Landis+Gyr transforms traditional devices into intelligent, networked sensors that provide utilities with real-time grid visibility and control, paving the way for a more efficient and sustainable energy future. For additional details, visit Landis+Gyr's website.