-+ 0.00%
-+ 0.00%
-+ 0.00%

Landis+Gyr Logs Attributable Net Income in Fiscal H1; Revenue Down

MT Newswires·10/30/2026 00:56:23
Listen to the news
12:56 AM EDT, 10/30/2026 (MT Newswires) -- Landis+Gyr Group (LAND.SW) logged $58.6 million in net income attributable to shareholders for the fiscal first half, compared with an attributable loss of $189.4 million a year ago. EPS was $2.11, compared with the prior year's loss per share of $6.56, a Thursday filing showed. For the six months ended Sept. 30, net revenue was $501.4 million versus $535.3 million previously, the Swiss-listed energy technology company added. For full-year 2026, Landis+Gyr now expects net revenue between $1.09 billion and $1.12 billion, compared with its previous forecast of $1.08 billion to $1.13 billion. Looking further ahead, it continues to target mid-single-digit revenue growth through fiscal 2028.