Swiss industrial group Georg Fischer AG reported a sharp decline in full-year 2025 profits, with net income attributable to shareholders falling to CHF 103 million from CHF 214 million a year earlier. The Schaffhausen-based company booked CHF 166 million in impairment charges on its Casting Solutions business, which more than offset a CHF 143 million gain from the sale of its GF Machining Solutions unit to United Grinding Group for CHF 630 million.

The company's strategic shift toward its Flow Solutions business, focusing on piping and fluid-transport systems, has been accompanied by significant divestitures. GF sold its Leipzig iron foundry to Canada's Linamar Corp. by year-end 2025 and completed the sale of its automotive business to Mexico's Nemak S.A.B. de C.V. for an undisclosed amount. The company's group net sales declined to CHF 4.11 billion from CHF 4.78 billion, while reported EBIT totaled CHF 326 million, down from CHF 389 million.

Performance at the continuing Flow Solutions business also deteriorated, with comparable EBIT margin contracting to 8.9% from 10.1%, falling short of the company's 10% target. The company launched a "Fit for Growth" cost reduction program targeting savings "in excess of CHF 40 million" for 2026. Despite the challenging results, Georg Fischer's board proposed an unchanged dividend of CHF 1.35 per share and guided for organic growth in the low single digits for 2026, with a comparable EBIT margin of 10.5-12.5%.