Entrepreneur UK's London 100: TurinTech
TurinTech is a deep-tech startup revolutionising code optimisation and validation with AI.
Founded in 2018 by Leslie Kanthan, Mike Basios, and Fan Wu, the company grew from research roots at University College London, where the trio explored real-world uses for machine learning - bridging the gap between academia and industry.
Their flagship platform, Artemis, transforms AI-generated code into scalable, production-ready software, tackling major issues like technical debt.
It's the first AI system to combine proprietary Agentic AI with Evolutionary Algorithms in a fully automated workflow, seamlessly integrating with existing dev tools to make coding faster, smarter, and future-ready.
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28 minutes ago
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Some May Be Optimistic About Pfeiffer Vacuum Technology's (ETR:PFV) Earnings
Explore Pfeiffer Vacuum Technology's Fair Values from the Community and select yours Soft earnings didn't appear to concern Pfeiffer Vacuum Technology AG's (ETR:PFV) shareholders over the last week. We think that the softer headline numbers might be getting counterbalanced by some positive underlying factors. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. The Impact Of Unusual Items On Profit For anyone who wants to understand Pfeiffer Vacuum Technology's profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit was reduced by €17m due to unusual items. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And that's hardly a surprise given these line items are considered unusual. If Pfeiffer Vacuum Technology doesn't see those unusual expenses repeat, then all else being equal we'd expect its profit to increase over the coming year. Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Pfeiffer Vacuum Technology. Our Take On Pfeiffer Vacuum Technology's Profit Performance Because unusual items detracted from Pfeiffer Vacuum Technology's earnings over the last year, you could argue that we can expect an improved result in the current quarter. Based on this observation, we consider it likely that Pfeiffer Vacuum Technology's statutory profit actually understates its earnings potential! On the other hand, its EPS actually shrunk in the last twelve months. Of course, we've only just scratched the surface when it comes to analysing its earnings; one could also consider margins, forecast growth, and return on investment, among other factors. If you want to do dive deeper into Pfeiffer Vacuum Technology, you'd also look into what risks it is currently facing. For instance, we've identified 3 warning signs for Pfeiffer Vacuum Technology (1 is concerning) you should be familiar with. Today we've zoomed in on a single data point to better understand the nature of Pfeiffer Vacuum Technology's profit. But there are plenty of other ways to inform your opinion of a company. Some people consider a high return on equity to be a good sign of a quality business. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
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[Latest] Global Canine Orthopedics Market Size/Share Worth USD 945.2 Million by 2034 at a 8.6% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT Analysis)
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Canine Orthopedics Market size & share revenue was valued at approximately USD 420.2 Million in 2024 and is expected to reach USD 454.6 Million in 2025 and is expected to reach around USD 945.2 Million by 2034, at a CAGR of 8.6% between 2025 and 2034. The key market players listed in the report with their sales, revenues and strategies are B. Braun Melsungen AG, Movora (Vimian Group AB), Integra LifeSciences Corporation, DePuy Synthes (Johnson & Johnson), AmerisourceBergen Corporation, STERIS, Arthrex Inc. (Arthrex Vet Systems), Orthomed (UK) Ltd, Veterinary Instrumentation, BioMedtrix LLC, Fusion Implants Limited, Narang Medical Limited, Zoetis Inc., IMEX Veterinary Inc., Everost Inc and others. Austin, TX, USA, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled 'Canine Orthopedics Market Size, Trends and Insights By Product Type (Implants (plates, screws, pins, joint replacements), Instruments (drills, saws, fixation tools), Orthopedic Supports & Braces), By Procedure Type (Cruciate Ligament Repair, Hip and Elbow Dysplasia Treatment, Fracture Repair and Trauma Surgery), By End User (Veterinary Hospitals & Clinics, Veterinary Research Institutes, Pet Rehabilitation & Therapy Centers), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025-2034' in its research database. 'According to the latest research study, the demand of global Canine Orthopedics Market size & share was valued at approximately USD 420.2 Million in 2024 and is expected to reach USD 454.6 Million in 2025 and is expected to reach a value of around USD 945.2 Million by 2034, at a compound annual growth rate (CAGR) of about 8.6% during the forecast period 2025 to 2034.' Click Here to Access a Free Sample Report of the Global Canine Orthopedics Market @ Overview As per the industry experts at CMI, Pet healthcare consciousness, escalated penetration of insurance, and the necessity of advanced surgical procedures are the factors that will force the Canine Orthopedics Market to move forward with swift pace. In North America, it focuses on personal implants and minimally invasive procedures. Clinical trials, compliance, and innovation are the priorities in veterinary Orthopedics among European companies. Urban pet ownership means increased investment in veterinary infrastructure in the Asia-Pacific. Otherwise, the cross-industry alliances, the focus of governments on animal welfare, and diagnostics inspired by technology are also improving clinical results and advancing commercialization both in established and developing markets. Key Trends & Drivers Increased Demand of Aesthetic Procedures: The world is increasingly becoming alert about the aesthetics and persuasion of social media, which is increasing the demand of minimally invasive and aesthetic surgical procedures. This has created a rise in demand for accuracy-intensive plastic surgery equipment in the clinics and hospitals, particularly in the urban areas where beauty awareness is most prominent. Advanced Technology in Surgery equipment: Contemporary equipment with better ergonomics, micro-surgery features, and material strength durability is becoming popular. The use of robots, ultrasound machines, and advanced imaging tools helps surgeons work more efficiently and reduces the chances of complications, which is a key reason for the growth of high-tech medical instruments. Request a Customized Copy of the Canine Orthopedics Market Report @ Growth of Medical Tourism Business: Nations like Turkey, South Korea, Mexico, and Thailand are turning into the world capital of cheap plastic surgery. North Americans and Europeans also find their way to these countries in large numbers as medical tourists and this increases local demand or top-quality surgical equipment to fit international standards Report Scope Feature of the Report Details Market Size in 2025 USD 454.6 Million Projected Market Size in 2034 USD 945.2 Million Market Size in 2024 USD 420.2 Million CAGR Growth Rate 8.6% CAGR Base Year 2024 Forecast Period 2025-2034 Key Segment By Product Type, Procedure Type, End User and Region Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America Buying Options Request tailored purchasing options to fulfil your requirements for research. (A free sample of the Canine Orthopedics report is available upon request; please contact us for more information.) Our Free Sample Report Consists of the following: Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report. The COVID-19 Pandemic Outbreak Impact Analysis is included in the package. About 220+ Pages Research Report (Including Recent Research) Provide detailed chapter-by-chapter guidance on the Request. Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2025 Includes Tables and figures have been updated. The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis Custom Market Insights (CMI) research methodology (Please note that the sample of the Canine Orthopedics report has been modified to include the COVID-19 impact study prior to delivery.) Request a Customized Copy of the Canine Orthopedics Market Report @ SWOT Analysis Strengths: The market for canine orthopedics is being boosted through the growing ownership of pets, the spending on veterinary healthcare, and the growing understanding of high-level treatment against joint and bone problems. The 3D-printed implants, regenerative medicine, and better surgical instruments are making innovations that are helping improve outcomes. Good cooperation among veterinary establishments and manufacturers of the equipment increases the credibility and accelerates the regular use of modern orthopedic solutions. Weaknesses: The cost of the procedures and accessibility to professional veterinary surgeons is also very expensive, and this limits the number of people taking up the treatment especially in rural or low income areas. Also, most clinics do not have fine imaging or even surgical equipment. Rehabilitation and after surgery are both intense and demand a lot of the owner. Weaknesses in developing countries In developing countries, the lack of awareness and the poor state of the veterinary infrastructure has been a hindrance in the expansion of the market despite the increasing population of pets. Opportunities: Orthobiologics, clinical engineering, and personalization of implant design mobile lab opportunities, and AI driven diagnostics. The growth of pet insurance coverage and wellness programs makes it keener and more accessible. Potential is untapped in Asia-pacific and Latin America because pet humanization and veterinary care provision infrastructure are improving. Threats: Regulations and delayed processes to approve new veterinary products may cause a block in the market entry. Economic crises can decrease consumer money spent on discretionary pet care. There is also an increase in the competition of the market through alternative treatments such as physiotherapy or acupuncture. Also, there has been a lack of training in the complicated orthopedic cases in the general veterinary practices, leading to uneven quality and outcomes of the surgery. Request a Customized Copy of the Canine Orthopedics Market Report @ Key questions answered in this report: What is the size of the Canine Orthopedics market and what is its expected growth rate? What are the primary driving factors that push the Canine Orthopedics market forward? What are the Canine Orthopedics Industry's top companies? What are the different categories that the Canine Orthopedics Market caters to? What will be the fastest-growing segment or region? In the value chain, what role do essential players play? What is the procedure for getting a free copy of the Canine Orthopedics market sample report and company profiles? Key Offerings: Market Share, Size & Forecast by Revenue | 2025−2034 Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions Competitive Landscape – Top Key Vendors and Other Prominent Vendors Buy this Premium Canine Orthopedics Research Report | Fast Delivery Available - [220+ Pages] @ Regional Perspective The Canine Orthopedics Market can be divided across different regions such as North America, Europe, Asia-Pacific, and LAMEA. This is a cursory overview of each region: North America: North America is the market leader because the region has a large number of pets and proper veterinary facilities and orthopedic procedures are common. High-quality distribution of special surgeons, pet insurance cover and investment in animal wellness enhances demand. The U.S. is a central center of implant, regenerative therapies, and diagnostic innovation. Europe: Europe is a market that witnesses good growth because of the growing awareness of pet healthcare and government policies to ensure good treatment of animals. Nation states such as Germany, U.K. and France are in the process of investing in veterinary education and clinical research. The increase in uptake of minimally invasive surgeries and growth in insurance coverage aid growth of the market in Western Europe. Asia-Pacific: Asia-Pacific is a rapidly emerging region because of the influx of urbanization, increment of disposable income, and interrupted pet humanization in China, Japan, India, and South Korea. Veterinary services that are growing with the heightened need of treatment services on a higher level. Nevertheless, price sensitivity and imbalance in the accessibility of qualified personnel are issues beyond large cities. LAMEA: Latin America and the Middle East and Africa are at the early stages of adoption, and awareness levels concerning the care of companion animals are increasing. Veterinary Orthopedics has a good opportunity in Brazil, UAE and South Africa. Although many market opportunities are constrained by low pet insurance penetration and lack of infrastructure, an increase in investment in vet clinics enhances access. Request a Customized Copy of the Canine Orthopedics Market Report @ (We customized your report to meet your specific research requirements. Inquire with our sales team about customizing your report.) Still, Looking for More Information? Do OR Want Data for Inclusion in magazines, case studies, research papers, or Media? Email Directly Here with Detail Information: support@ Browse the full 'Canine Orthopedics Market Size, Trends and Insights By Product Type (Implants (plates, screws, pins, joint replacements), Instruments (drills, saws, fixation tools), Orthopedic Supports & Braces), By Procedure Type (Cruciate Ligament Repair, Hip and Elbow Dysplasia Treatment, Fracture Repair and Trauma Surgery), By End User (Veterinary Hospitals & Clinics, Veterinary Research Institutes, Pet Rehabilitation & Therapy Centers), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025-2034' Report at List of the prominent players in the Canine Orthopedics Market: Braun Melsungen AG Movora (Vimian Group AB) Integra LifeSciences Corporation DePuy Synthes (Johnson & Johnson) AmerisourceBergen Corporation STERIS Arthrex Inc. (Arthrex Vet Systems) Orthomed (UK) Ltd Veterinary Instrumentation BioMedtrix LLC Fusion Implants Limited Narang Medical Limited Zoetis Inc. IMEX Veterinary Inc. Everost Inc. Others Click Here to Access a Free Sample Report of the Global Canine Orthopedics Market @ Spectacular Deals Comprehensive coverage Maximum number of market tables and figures The subscription-based option is offered. Best price guarantee Free 35% or 60 hours of customization. Free post-sale service assistance. 25% discount on your next purchase. Service guarantees are available. Personalized market brief by author. 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Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034 Ultomiris Drug Market: Ultomiris Drug Market Size, Trends and Insights By Indication (Paroxysmal Nocturnal Hemoglobinuria (PNH), Atypical Hemolytic Uremic Syndrome (aHUS), Generalized Myasthenia Gravis (gMG), Neuromyelitis Optica Spectrum Disorder (NMOSD)), By End-use (Adult, Pediatric), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034 The Canine Orthopedics Market is segmented as follows: By Product Type Implants (plates, screws, pins, joint replacements) Instruments (drills, saws, fixation tools) Orthopedic Supports & Braces By Procedure Type Cruciate Ligament Repair Hip and Elbow Dysplasia Treatment Fracture Repair and Trauma Surgery By End User Veterinary Hospitals & Clinics Veterinary Research Institutes Pet Rehabilitation & Therapy Centers Click Here to Get a Free Sample Report of the Global Canine Orthopedics Market @ Regional Coverage: North America U.S. Canada Mexico Rest of North America Europe Germany France U.K. Russia Italy Spain Netherlands Rest of Europe Asia Pacific China Japan India New Zealand Australia South Korea Taiwan Rest of Asia Pacific The Middle East & Africa Saudi Arabia UAE Egypt Kuwait South Africa Rest of the Middle East & Africa Latin America Brazil Argentina Rest of Latin America This Canine Orthopedics Market Research/Analysis Report Contains Answers to the following Questions. Which Trends Are Causing These Developments? Who Are the Global Key Players in This Canine Orthopedics Market? What are Their Company Profile, Product Information, and Contact Information? What Was the Global Market Status of the Canine Orthopedics Market? What Was the Capacity, Production Value, Cost and PROFIT of the Canine Orthopedics Market? What Is the Current Market Status of the Canine Orthopedics Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Canine Orthopedics Market by Considering Applications and Types? What Are Projections of the Global Canine Orthopedics Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports? What Is Canine Orthopedics Market Chain Analysis by Upstream Raw Materials and Downstream Industry? What Is the Economic Impact On Canine Orthopedics Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends? What Are Market Dynamics of Canine Orthopedics Market? What Are Challenges and Opportunities? What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Canine Orthopedics Industry? Click Here to Access a Free Sample Report of the Global Canine Orthopedics Market @ Reasons to Purchase Canine Orthopedics Market Report Canine Orthopedics Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors. Canine Orthopedics Market report outlines market value (USD) data for each segment and sub-segment. This report indicates the region and segment expected to witness the fastest growth and dominate the market. Canine Orthopedics Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region. The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled. Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players. The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions. Canine Orthopedics Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain. Reasons for the Research Report The study provides a thorough overview of the global Canine Orthopedics market. Compare your performance to that of the market as a whole. Aim to maintain competitiveness while innovations from established key players fuel market growth. Buy this Premium Canine Orthopedics Research Report | Fast Delivery Available - [220+ Pages] @ What does the report include? Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Canine Orthopedics market analysis. The competitive environment of current and potential participants in the Canine Orthopedics market is covered in the report, as well as those companies' strategic product development ambitions. According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions. For each segment mentioned above, actual market sizes and forecasts have been given. Who should buy this report? Participants and stakeholders worldwide Canine Orthopedics market should find this report useful. The research will be useful to all market participants in the Canine Orthopedics industry. Managers in the Canine Orthopedics sector are interested in publishing up-to-date and projected data about the worldwide Canine Orthopedics market. Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Canine Orthopedics products' market trends. Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans. Request a Customized Copy of the Canine Orthopedics Market Report @ About Custom Market Insights: Custom Market Insights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies and regularly work towards achieving sustainable growth in their respective domains. CMI provides a one-stop solution for data collection to investment advice. The expert analysis of our company digs out essential factors that help to understand the significance and impact of market dynamics. The professional experts apply clients inside on the aspects such as strategies for future estimation fall, forecasting or opportunity to grow, and consumer survey. Follow Us: LinkedIn | Twitter | Facebook | YouTube Contact Us: Joel John CMI Consulting LLC 1333, 701 Tillery Street Unit 12, Austin, TX, Travis, US, 78702 USA: +1 737-734-2707 India: +91 20 46022736 Email: support@ Web: Blog: Blog: Blog: Blog: Buy this Premium Canine Orthopedics Research Report | Fast Delivery Available - [220+ Pages] @ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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28 minutes ago
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Market environment in Europe remains challenging – Break-even threshold reduced – Feintool demonstrates financial strength and reliability
Ad hoc announcement pursuant to Article 53 LR The Feintool Group's business performance in the first half of 2025 reflects, on the one hand, the ongoing challenging market environment in the automotive sector, particularly in Europe, while on the other hand, it is clear that our strategy is taking effect and the measures initiated to realign Feintool are having an impact in the context of the changed market situation. Sales declined by 14.2% to CHF 334.5 million. In local currencies, the decline amounted to 11.5%. The break-even threshold was further reduced, the operating result (EBIT) before one-off costs amounts to CHF -0.8 million. The outlook for the second half of 2025 is cautious. In the medium term, the megatrends toward low-carbon energy generation, storage, and mobility are creating enormous potential for Feintool's technologies. Last year, the automotive industry already showed varying developments globally, depending on drive technology and region. This trend continued in the first six months of 2025: Feintool performed well in Asia and the US, at least in terms of units sold, although revenue growth was held back by lower raw material prices and negative currency effects. Europe, on the other hand, continued to be characterized by weak sales of electric vehicles and correspondingly low demand for laminated electrical components. Business with components for combustion and hybrid drives held up comparatively well, with Feintool being able to realize selective price increases. Demand for industrial applications remained subdued, although Feintool was able to gain market share in heat pump components and achieve encouraging sales growth. Feintool strategy is proving its worthIn this environment, Feintool's strategy of focusing on three core technologies and a global manufacturing network is proving to be the right approach. Feintool is excellently positioned in the fineblanking and forming technologies and is benefiting from the continued strong demand for vehicles with conventional and hybrid drives in all regions, particularly in the US. Feintool is the market leader in this traditional core business and has further strengthened its profitability thanks to an improved cost structure. At the same time, the transition to purely electric vehicles and the use of environmentally friendly energy in general is continuing worldwide, albeit more slowly than expected. Accordingly, e-lamination stamping remains the technology of the future, as does FEINforming for bipolar plates for fuel cells and electrolyzers. Feintool's successful globalization strategy is also paying off. With 18 plants worldwide, the company produces locally for the respective markets, which ensures that Feintool can meet demand in all markets at all times. In addition, it is only minimally affected by customs tariffs. The exception is Japan, where Feintool manufactures components for export, to a significant extent for Japanese manufacturers in the US. Break-even threshold further reduced Given the challenging environment, Feintool performed respectably in the first half of 2025. The Group generated sales of CHF 334.5 million, CHF 55.5 million or 14.2% less than in the same period of the previous year (H1 2024: CHF 390.0 million). In local currencies, the decline amounted to 11.5%. The operating result (EBIT) before one-off costs amounted to CHF -0.8 million. After one-off costs, the reported operating result (EBIT) was CHF -1.9 million (H1 2024: CHF 0.2 million). Despite lower sales, the operating result (EBIT) thus remained almost stable and the break-even threshold was further reduced. On the one hand, this illustrates the effectiveness of the restructuring program initiated at the Swiss site in Lyss. On the other hand, price increases for selected fineblanked and formed components and cost reductions at suppliers also affected this result. The net result for the first half of 2025 amounted to CHF -5.0 million. The Feintool Group invested CHF 29.3 million in the first half of 2025, primarily to support growth in North America and Asia (H1 2024: CHF 29.0 million). As a result of ongoing investment activity and weak profitability, free cash flow was negative at CHF -17.7 million in the reporting period (H1 2024: CHF -15.4 million). As of June 30, 2025, the Feintool Group had net debt of CHF 80.1 million (December 31, 2024: CHF 42.7 million). With equity of CHF 426.4 million, corresponding to an equity ratio of 55.5%, the Feintool Group is in a robust financial position (December 31, 2024: CHF 451.6 million; 55.7%). This financial strength enables us to act as a stable and reliable long-term partner even in a challenging market environment – a significant advantage when it comes to securing major orders and fostering lasting customer relationships. Weak demand for e-vehicles in EuropeIn Europe, the Feintool Group generated sales of CHF 199.6 million in the first half of 2025, 17.5% less than in the same period of the previous year (H1 2024: CHF 241.8 million). In local currencies, the decrease was 15.4%. The reason for the decline in sales is the massive fall in demand for laminated electrical components for electric vehicles. Overcapacity led to planned vehicle programs being postponed, reduced in scope or can-celled. This also affected major projects that Feintool was supplying, such as a leading German car manufacturer that discontinued production of an e-vehicle series at an early stage. The reorganization of the production of components for electric motors at the Feintool sites in Germany, announced in December 2024, has begun. The corresponding planning and negotiations with customers and employee representatives are at an advanced stage. The adjustment of capacities to the new situation in the European automotive sector is expected to be completed in 2027 and will enable an improvement in restructuring of the fineblanking and forming activities is proceeding according to plan. The relocation of high-volume production from Lyss (CH) to the state-of-the-art European plant in Most (CZ) will be completed by the end of the year, and the Lyss site will focus on its role as a center of excellence for fineblanking tool technology and hydrogen applications. Presence in Asia is being expanded At CHF 38.5 million, sales in Asia in the first six months of 2025 were 12.5% lower than in the same period of the previous year (H1 2024: CHF 44.0 million). In local currencies, the decrease was 9.5%. The reasons for the decline are, on the one hand, falling exports from Japan due to the import duties of 25% imposed by the US. On the other hand, end customers whose suppliers Feintool provides with components lost market share due to fierce competition in the automotive market in China. Overall, Feintool continues to see solid demand for electric motor components in China. For example, Feintool won an order for electric motor cores for one of China's largest commercial vehicle manufacturers, with an estimated lifetime volume of CHF 30 million. The order, which will start in the second half of 2025, underscores Feintool's strong strategic and technological position. The long-term order won last year in the field of hydrogen mobility, which involves the large-scale production of bipolar plates for a leading Chinese manufacturer of fuel cells, is currently in the ramp-up phase. In Japan, business with seat adjuster components in particular has developed well. Construction work on a new plant in the Pune metropolitan region in India began in the first half of the year. Feintool will initially produce seat adjuster components for leading automotive manufacturers at the plant, which is scheduled to start operations as early as 2026. Feintool is the global leader in these fineblanked components. In a second expansion stage, high-precision formed parts for hybrid applications might also be manufactured. Strong position in the USAt CHF 98.0 million, sales in the US in the first six months of 2025 were 7.3% lower than in the same period of the previous year (H1 2024: CHF 105.7 million). In local currencies, the decrease was 3.0%. The decline is primarily due to lower raw material prices, which account for around half of product prices, and the weak US dollar. In terms of number of units sold, the volume was significantly higher than in the prior-year period. In the US region, Feintool was able to build on the excellent performance of the previous year. Supported by its clear number one position in fineblanking and forming as well as its financial strength, Feintool won new orders for combustion and especially hybrid applications and, as in previous years, was able to further expand its market share. The expansion of the Nashville site was completed and the plant is currently ramping up to full capacity. The costs associated with installing the equipment temporarily reduced the margin in the reporting period. Short-term outlook cautious, medium-term outlook optimistic The outlook for the second half of 2025 is cautious. Feintool does not expect the market trend to change significantly. Our largest market, Europe, is likely to remain challenging. Feintool's main focus will be on sustainably improving the Feintool Group's cost structure in Europe. Business in Asia and the US should continue to develop well, and the general market shift towards Asia will become more pronounced. Against this backdrop, Feintool is convinced that the establishment of a new production site in India will pay off in the future. In the medium term, Feintool is optimistic that the global megatrends towards low-carbon energy generation, storage and mobility will remain intact. These megatrends create enormous potential for the Feintool Group's technologies in structurally growing markets. With this in mind, Feintool reaffirms its goal of achieving an EBIT margin of over 6% in the medium term. Overview of Key Financial Indicators 01.01.-30.06.2025in CHF mio. 01.01.-30.06.2024in CHF mio. Change Change in local currency Net Revenue Feintool Group 334.5 390.1 -14.2% -11.5% Segment Europe 199.6 241.8 -17.5% -15.4% Segment USA 98.0 105.7 -7.3% -3.0% Segment Asia 38.5 44.0 -12.5% -9.5% Earnings before interest, taxes, depreciation and amortisation (EBITDA) * 23.1 27.2 -15.0% -10.3% Operating result (EBIT) * -1.9 0.2 -960.4% -748.0% Segment Europe -2.4 -3.6 32.5% 32.5% Segment USA 7.4 7.9 -6.7% -2.6% Segment Asia 1.7 3.9 -55.9% -54.0% Consolidated net profit -5.0 -3.2 -56.1% -58.2% Free Cashflow -17.7 -15.4 * incl. one-off effect 30.06.2025in CHF mio. 31.12.2024in CHF mio. Change Balance sheet total 768.8 810.7 -5.2% Equity capital 426.4 451.6 -5.6% Net debt 80.1 42.7 87.9% 30.06.2025 30.06.2024 Change Employees 3 118 3 274 -156 Apprentices 80 85 -5 Webcast and conference callThe presentation of the half-year results 2025 will take place online on 13th August 2025 from 9:00 AM to 10:00 AM (Swiss time). CEO Lars Reich and CFO Thomas Erne will present the half-year results for 2025 and provide an outlook for the remainder of the financial year. Registration can be accessed under the following link: Link to the webcast: All documents relating to the half-year results 2025 are available at About FeintoolFeintool is an international technology and market leader in electrolamination stamping, fineblanking, and forming. We manufacture high-quality precision parts in large volumes from steel. We supply the automotive industry, energy infrastructure equipment providers, and all manner of high-end industrial manufacturers. Feintool's products perfectly complement the megatrends for renewable energy generation, storage, and usage. Our core technologies deliver measurable cost-efficiency, consistent quality, and improved productivity. Feintool constantly expands the horizons of its production methods and develops intelligent solutions, innovative tools, and state-of-the-art manufacturing processes in line with customer needs. Founded in 1959 and headquartered in Switzerland, the company has 18 production sites, 3,100 employees and 80 vocational trainees in Europe, the USA, China, Japan and India. Feintool is publicly listed and majority-owned by the Artemis Group. Feintool International Holding AGIndustriering 83250 LyssSchweiz Media contact Joël HafnerPhone +41 32 387 51 The press release can be downloaded from the following link: Press Release (PDF)Sign in to access your portfolio
