Swiss automation firm Komax reported a slightly positive operating result for 2025, as aggressive cost cuts offset restructuring charges, currency headwinds, and pressure from U.S. tariffs. The company posted CHF 565 million in order intake and CHF 580 million in revenue for the year, though both metrics fell from 2024 levels.

The Swiss franc's appreciation and tariffs reduced operating profit by around CHF 3 million. Komax said customer reluctance to invest, especially in the European auto sector, created a challenging market. However, industrial and infrastructure markets showed positive development, and a favorable second-half product mix helped margins.

Cost reductions implemented since 2024 are expected to yield CHF 25 million in annual savings by 2026. These measures already delivered a faster-than-expected impact in 2025, resulting in restructuring costs of CHF 9 million. The company's ability to navigate external pressures suggests resilience, but sustained recovery depends on broader market investment cycles.