Machinery industry Georg Fischer's core business "Flow Solutions" shrinks slightly
Georg Fischer generated lower sales in its remaining core business "Flow Solutions" in 2025. Due to the strategic realignment towards the transportation of liquids in buildings and infrastructures, the focus is on the figures for continuing operations.
25.02.2026, 07:15
SDA
Sales in continuing operations amounted to CHF 3 billion in the reporting period. This represents a decrease of 1.7 percent compared to the previous year, as the industrial group announced on Wednesday. Negative currency effects had a negative impact of 124 million on sales. On its own, sales would have grown slightly by 0.6 percent.
The Flow Solutions business proved to be robust overall, despite geopolitical tensions, a strong Swiss franc and a weak construction sector, according to a statement on the financial year. GF's future business is split between the two new divisions "Industry and Infrastructure Flow Solutions" and "Building Flow Solutions".
Slightly weaker in operating terms
Operating profit was impacted by extraordinary costs of CHF 33 million. Adjusted for these effects, the comparable EBIT fell by 14% to CHF 299 million and the corresponding margin by 1.4 percentage points to 10.0%.
The decline in the margin was partly due to the weakening of the industrial business - particularly in Europe - combined with a higher proportion of the lower-margin infrastructure segments and the tariffs imposed by the USA. In addition, negative currency effects had an impact of 25 million.
Reported net profit roughly halved to CHF 103 million, mainly due to the revaluation of assets from the sold Casting division and other one-off effects. As part of the sale of the Casting Solutions division, impairment losses totaling 166 million francs were recognized on property, plant and equipment, intangible assets and non-current loans for the 2025 financial year.
The dividend is nevertheless expected to remain unchanged at CHF 1.35 per share.
For the full year 2026, GF expects organic growth in the low single-digit percentage range and a comparable EBIT margin in the range of 10.5 to 12.5 percent. The company assumes that there will be an "increasing recovery" in the construction industry and in the semiconductor segment in the second half of the year.
No longer a conglomerate
GF in its former form as a conglomerate is history. After the sale of the Casting Solutions division was announced last July, it has now been completed since mid-February.
The sale of the Mechanical Engineering Division (formerly Agie Charmilles) and individual foundries had already taken place earlier. In future, GF will focus on the areas of water and other liquids and call it "Flow Solutions". In this way, the company aims to become a global leader.
