Strengthened resilience in a challenging environment

In 2025, we guided Bystronic through another challenging year, navigating persistent market weakness, geopolitical uncertainty, and external pressures such as tariffs and currency fluctuations. While we remained in a loss position, under­lying profitability improved, with the operating result narrowing to CHF –19.8 million, compared with an adjusted EBIT of CHF –47.4 million in the prior year.

In 2025, Bystronic navigated a difficult market environment with no recovery and remained disciplined in execution and strategic focus. Order intake increased by 5.0% (at constant exchange rates) to CHF 634.5 million, exceeding net sales of CHF 613.2 million, maintaining a positive book-to-bill ratio. This performance was driven by strong momentum across Tube and Bending, as well as Automation solutions, and a higher order intake in DNE LASER, supported by our dual brand strategy. At the same time, significantly reduced total operating costs strengthened operational resilience, giving us confidence that Bystronic is well positioned to grow when market conditions improve.

Adapted to new market realities

Over the past 15 months, Bystronic has undergone a comprehensive restructuring and reorganization that was completed in 2025. We have simplified structures, clarified responsibilities, and strengthened our ability to adapt to changing market conditions. While overall performance remains dependent on favorable market conditions, the organization is now better equipped to respond quickly to evolving customer needs. Both the Systems and Service divisions made important progress.

Strengthening our position as a full solutions partner

Within this challenging environment, Bystronic continued to deliver on its strategic priorities. Systems progressed in its shift toward integrated solutions, driven by strong performances in Tube and Bending, as well as Automation solutions. At the same time, the Service division focused on improving customer satisfaction, introducing a new digital customer portal that contributed to an improvement in Bystronicʼs reputation. Together, these developments reinforce Bystronicʼs positioning as a solutions- and service-oriented partner and increase resilience across the business.

Increasing customer value through innovation

Organic growth remains our foundation, with continued investment in productivity enhancing solutions that combine machines, automation, software and services. As part of this strategy, innovation remains a key priority for Bystronic. We launched several new products in 2025, with a strong emphasis on automation and digital solutions. The continued expansion of our Tube business, including the launch of the ByTube Star 330, addressed a broader range of applications and customer requirements. We further developed our competences in automation solutions and enhanced the ByTrans Modular, and additionally developed the ByLoader Flex to provide a highly efficient and user‑friendly system for automating cutting cells.

Bystronic Rofin: Medical devices and semiconductor markets

Building on this momentum, we initiated the process to acquire the Tools for Materials Processing business from Coherent Corp., which was successfully completed in January 2026, establishing the new Bystronic Rofin business unit. Strategically, Rofin expands our technology portfolio with advanced laser applications and opens access to attractive growth markets in medical devices and semiconductors. The acquisition strengthens Bystronicʼs position as a full solutions partner, accelerates innovation, and diversifies our business to increase resilience across market cycles.

Embedded sustainability in products and operations

Sustainability is a central part of our business strategy and product development and helps clients achieve greater energy and resource efficiency when using Bystronic solutions. In 2025, our sustainability ambitions were validated by the Science-Based Targets initiative, which is a key accomplishment for our efforts to operationalize sustainability. In this Annual Report, we are reporting our progress in line with the Corporate Sustainability Reporting Directive (CSRD), reflecting Bystronicʼs commitment to transparency and responsible business conduct.

Stronger focus on people and culture

Our employees played the most important part in navigating 2025. We focused on advancing a new company culture through the implementation of the Bystronic Mindset Journey. By fostering new behaviors, we are shaping a culture that improves collaboration, encourages entrepreneurial thinking, and ensures we remain innovative and resilient in the face of evolving market challenges. We are grateful for the commitment and professionalism of our employees, who were essential in navigating another demanding year.

Changes in the organization

The formation of our Executive Committee was completed during the year, with Wilfried de Backer joining Bystronic as Chief Service Officer and Dr. Javier Perez joining us as Chief Financial Officer.

After 30 years on the Board of Directors, Dr. Matthias Auer has announced his resignation at this yearʼs Annual General Meeting. Urs Riedener has also announced his resignation at this yearʼs meeting after 12 years. The Board of Directors would like to express its appreciation and gratitude to both gentlemen for their prudent work and cooperation and wishes them all the best for the future. The Board of Directors proposes the election of Fabrice Billard and Daniel Bischofberger as new members of the Board of Directors for a term of office lasting until the end of the next Annual General Meeting.

Dividends

The Board of Directors will propose to the Annual General Meeting on April 21, 2026, a dividend of CHF 4.00 per class A registered share and CHF 0.80 per class B registered share, totaling CHF 8.3 million. This reflects the Groupʼs solid liquidity position and aligns with Bystronicʼs dividend policy.

Outlook

Looking ahead, we do not expect a significant improvement in the overall market environment in 2026. Bystronic expects to return to increasing net sales, supported by a higher backlog in the sheet metal business, and additional contributions from Bystronic Rofin. Combined with significantly improved operating costs, the company is taking the next step toward profitability.

Zurich, February 26, 2026

Dr. Heinz O. Baumgartner

Chairman of the Board of Directors

Domenico Iacovelli

CEO