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Investing.com -- Huber+Suhner reported a strong increase in order intake for the first nine months of 2025, driven by demand in its communication and industrial markets, while overall sales remained broadly flat.
Group order intake rose 14.8% year-on-year to CHF 818.7 million, boosted by major contracts in the Communication segment and steady momentum across Industry.
Net sales were nearly unchanged at CHF 659.4 million versus CHF 665.2 million a year earlier, but up 2.2% on a currency- and portfolio-adjusted basis.
The Communication segment saw order intake jump 26.8% to CHF 356.5 million thanks to large orders for optical circuit switches from a global hyperscale data center operator, part of the company’s Data Center growth initiative, the company said.
Segment sales fell 14.8% to CHF 218 million, reflecting a tough comparison with the prior year’s large India mobile network project.
Industry segment revenue rose 16.6% to CHF 239.6 million, supported by solid performance in Test & Measurement and High Power Charging, while orders increased 11.5%.
Transportation sales were stable at CHF 201.8 million, with Railway improving slightly but Automotive weaker due to softness in electric vehicle demand.
Huber+Suhner said the slowdown in sales during August and September was linked to delivery delays caused by U.S. import tariffs on industrial materials like aluminum, steel, and copper.
The Swiss cable and connectivity group maintained its 2025 guidance, expecting full-year sales to match 2024 levels and an EBIT margin within its medium-term target range of 9–12%, assuming no major worsening in inflation, exchange rates, or geopolitical risks.