Earnings release
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HUBER+SUHNER AG Christiane Jelinek CC Corporate Communications Chief Communications Officer 8330 Pfäffikon ZH Phone +41 44 952 2560 Switzerland pressoffice@hubersuhner.com hubersuhner.com HUBER+SUHNER records higher order intake in 2025 Decline in net sales, organically at previous year's level – Industry segment sees strong growth – Communication segment posts significant increase in orders thanks to Data Center growth initiative – Transportation segment remains stable Order intake and net sales in 2025 (unaudited) In CHF million 2025 2024 Change in % Order intake Group 1’032.0 908.0 13.7 Industry segment 355.7 306.1 16.2 Communication segment 418.3 343.2 21.9 Transportation segment 258.0 258.7 (0.3) Net sales Group 864.1 893.9 (3.3) Industry segment 325.2 276.7 17.5 Communication segment 274.4 353.6 (22.4) Transportation segment 264.5 263.6 0.3 In the 2025 financial year, HUBER+SUHNER achieved significantly higher order intake in an economic environment characterised by uncertainty. This was thanks to major orders in the Data Center growth initiative and broad-based demand in the Industry segment. The Group's order intake amounted to CHF 1’032.0 million, up 13.7% on the previous year's figure. The appreciation of the Swiss franc had a negative impact on net sales, which declined by 3.3% to CHF 864.1 million in 2025. Adjusted for currency, copper price and portfolio effects, the figure was unchanged compared to the previous year. Industry segment with double-digit percentage growth The Industry segment benefited from broad-based demand, with order intake increasing by 16.2% in the reporting period. All subsegments – Test & Measurement, High Power Charging, General Industrial, and particularly the Aerospace & Defense growth initiative – showed a positive development. Net sales in the segment increased by 17.5%. Demand for optical switches boosts order intake in the Communication segment Thanks to major orders for optical circuit switches (OCS) from a global operator of hyperscale r data center infrastructures, order intake in the Communication segment increased by a total of 21.9%. The OCS orders are expected to lead to significant sales for the Data Center growth initiative starting in Media release Date 22 January 2026 Location Pfäffikon ZH / Herisau Page 1 of 2 Ad hoc announcement pursuant to Art. 53 LR
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HUBER+SUHNER AG Christiane Jelinek CC Corporate Communications Chief Communications Officer 8330 Pfäffikon ZH Phone +41 44 952 2560 Switzerland pressoffice@hubersuhner.com Media release Date 22 January 2026 Location Pfäffikon ZH / Herisau Page 2 of 2 hubersuhner.com 2026. Compared with the prior-year period, which included a major project to expand the mobile infrastructure in India, net sales were 22.4% lower. This was also due to the generally weak demand in the fixed network and mobile communications markets. Transportation segment stable year-over-year After a decline in 2024, the Transport market segment stabilised in terms of order intake ( -0.3%) and net sales (+0.3%). The larger Railway subsegment recorded higher sales amid an almost unchanged order intake, with the Rail Communications growth initiative continuing to show a positive sales development. The Automotive subsegment saw lower sales with a slightly positive trend in order intake. Full-year 2025 results As part of the publication of the Annual Report, the detailed financial results will be presented at the media and analysts’ conference on 10 March 2026. As communicated in the updated guidance in December last year, HUBER+SUHNER expects an operating profit margin (EBIT margin) of 10 –11% for the 2025 financial year. This media release can also be found under www.hubersuhner.com/en/newsroom/company-news/news-ad-hoc-news The definition of Alternative Performance Measures is available under https://www.hubersuhner.com/en/company/investors/publications This media release is also available in German. The German version is binding. Further calendar dates 10 March 2026 Publication of Annual Report 2025, media and analysts’ conference 01 April 2026 Annual General Meeting (Rapperswil SG) 18 August 2026 Half-year report 2026, media and analysts’ webcast 18 September 2026 Capital Market Day 20 October 2026 Order intake and net sales (9 months) 2026 HUBER+SUHNER Group The globally active Swiss company HUBER+SUHNER develops and produces components and system solutions for electrical and optical connectivity. The company serves the three main markets Industry, Communication and Transportation with applications from the three technologies of radio frequency, fiber optics and low frequency. HUBER+SUHNER products excel in excellent performance, quality, reliability and long service lives – even under the most demanding conditions. Through a global production network, combined with subsidiaries and representatives in over 80 countries, the company is close to its customers worldwide.