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Full Year Results 2024

Key Figures

(in USD million)FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Committed Backlog4,6303,7693,7493,3892,166 2,2242,6032,389
Net revenue1729.319631681.414641357.4 1699 1765.21737.8
Reported EBITDA148.8216.8 133.2170.3113.7225.3251.1141.3
Adjusted EBITDA170.9223.9 139.9 147.0139.6237.2237.9208.2
Adj. EBITDA margin9.9%11.4%8.3%10.0% 10.3% 14.0%13.5%12.0%
Net income/(loss)-84.7110.0207.979.4-392.4 113.7122.246.4
Earning per share (in USD)-2.973.787.322.59-13.613.904.151.57
Free Cash Flow (excl. M&A) 91.1-22.089.097.6120.4123.587.5
Dividend per share (CHF)1.152.252.202.152.102.003.152.30
Employees (FTE)6,3476,8747,7506,4455,0715,7685,648 5,915

Half Year Results 2024

Key Figures

 (in USD million)H1 FY2024H1 FY2023H1 FY2022H1 FY2021H1 FY2020H1 FY2019
Committed Backlog3,6453,7303,4803,2362,0812,514
Net revenue925.6970.5728.7700.9623.5852.9
Reported EBITDA108.599.851.086.231.8 128.2
Adjusted EBITDA108.2108.147.870.850.1 124.9
Net income/(loss)48.241.2186.535.0(2.0)71.8
Earning per share (in USD)1.671.436.571.21(0.07)2.45
Free Cashflow (excl. M&A)(13.5)5.1(38.9)41.645.333.1

Financial Results 2023

Key Figures

(in USD million)FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Committed Backlog3,7693,7493,3892,1662,2242,6032,3892,491
Net revenue19631681.414641357.416991765.21737.81659.2
Reported EBITDA216.8133.2170.3113.7225.3251.1141.3150.8
Adjusted EBITDA223.9139.9147.0139.6237.2237.9208.2212.0
Adj. EBITDA margin11.4%8.3%10.0%10.3%14.0%13.5%12.0%12.8%
Net income/(loss)110.0207.979.4-392.4113.7122.246.4-62.1
Earning per share (in USD)3.787.322.59-13.613.904.151.57-2.12
Free Cash Flow (excl. M&A)91.1-22.089.097.6120.4123.587.553.1
Dividend per share (CHF)2.252.202.152.102.003.152.30
Employees (FTE)6,8747,7506,4455,0715,7685,6485,9155,919

Half Year Results 2023

Key Figures

Key Figures (in USD million)H1 FY2023H1 FY2022H1 FY2021H1 FY2020H1 FY2019H1 FY2018
Committed Backlog3,730.53,4803,2362,0812,5142,348
Net revenue970.5728.7700.9623.5862.8852.9
Reported EBITDA99.851.086.231.8128.2114.9
Adjusted EBITDA108.147.870.850.1124.9106.8
Net income/(loss)41.2186.535.0(2.0)71.859.2
Earning per share (in USD)1.436.571.21(0.07)2.452.01
Free Cashflow (excl. M&A)5.1(38.9)41.645.333.114.1

Financial Results 2022

Key Figures

Key figures (in USD million)FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Committed Backlog3,7493,3892,1662,2242,6032,3892,491
Net revenue1,681.41,464.01,3571,6991,765.21,737.81,659.2
Reported EBITDA133.2170.3113.7225.3251.1141.3150.8
Adjusted EBITDA139.9147.0139.6237.2237.9208.2212.0
Net income/(loss)207.979.4(392.4)113.7122.246.4(62.1)
Earning per share (in USD)7.322.59(13.61)3.904.151.57(2.12)
Free Cash Flow (excl. M&A)(22.0)89.097.6120.4123.587.553.1
Dividend per share (CHF)2.202.152.102.003.152.30
Employees (FTE)7,7506,4455,0715,7685,6485,9155,919

Half Year Results 2022

Key Figures

Key Figures (in USD million)H1 FY2022H1 FY2021H1 FY2020H1 FY2019H1 FY2018
Committed Backlog3,4803,2362,0812,5142,348
Net revenue728.7700.9623.5862.8852.9
Reported EBITDA51.086.231.8128.2114.9
Adjusted EBITDA47.870.850.1124.9106.8
Net income/(loss)186.535.0(2.0)71.859.2
Earning per share (in USD)6.571.21(0.07)2.452.01
Free Cashflow (excl. M&A)(38.9)41.645.333.114.1

Financial Results 2021

Key Figures

Key figures (in USD million)FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Committed Backlog3,3892,1662,2242,6032,3892,491
Net revenue1,464.01,3571,6991,765.21,737.81,659.2
Reported EBITDA170.3113.7225.3251.1141.3150.8
Adjusted EBITDA147.0139.6237.2237.9208.2212.0
Net income/(loss)79.4(392.4)113.7122.246.4(62.1)
Earning per share (in USD)2.59(13.61)3.904.151.57(2.12)
Free Cash Flow (excl. M&A)89.097.6120.4123.587.553.1
Dividend per share (CHF)2.152.102.003.152.30
Employees (FTE)6,4455,0715,7685,6485,9155,919

Half Year Results 2021

Key Figures

Key Figures (in USD million)H1 FY2021H1 FY2020H1 FY2019H1 FY2018
Committed Backlog3,2362,0812,5142,348
Net revenue700.9623.5862.8852.9
Reported EBITDA86.231.8128.2114.9
Adjusted EBITDA70.850.1124.9106.8
Net income/(loss)35.0(2.0)71.859.2
Earning per share (in USD)1.21(0.07)2.452.01
Free Cashflow (excl. M&A)41.645.333.114.1

Financial Results 2020

Key Figures

Key figures (in USD million)FY 2020FY 2019FY 2018FY 2017FY 2016
Committed Backlog2,1662,2242,6032,3892,491
Net revenue1,3571,6991,765.21,737.81,659.2
Reported EBITDA113.7225.3251.1141.3150.8
Adjusted EBITDA139.6237.2237.9208.2212.0
Net income/(loss)(392.4)113.7122.246.4(62.1)
Earning per share (in USD)(13.61)3.904.151.57(2.12)
Free Cash Flow (excl. M&A)97.6120.4123.587.553.1
Dividend per share (CHF)2.102.003.152.30
Employees (FTE)5,0715,7685,6485,9155,919

Half Year Results 2020

Key Figures

Key figures (in USD million)H1 FY2020H1 FY2019H2 FY2018
Committed Backlog2,0812,5142,603
Net revenue623.5862.8912.2
Reported EBITDA31.8128.2136.2
Adjusted EBITDA50.1124.9131.1
Net income/(loss)(2.0)71.863.0
Earning per share (in USD)(0.07)2.452.14
Free Cash Flow (excl. M&A)45.333.1109.3

Financial Results 2019

Key Figures

Key figures (in USD million)FY 2019FY 2018FY 2017FY 2016
Committed Backlog2,2242,6032,3892,491
Net revenue1,6991,765.21,737.81,659.2
Reported EBITDA225.3251.1141.3150.8
Adjusted EBITDA237.2237.9208.2212.0
Net income/(loss)113.7122.246.4(62.1)
Earning per share (in USD)3.904.151.57(2.12)
Free Cash Flow (excl. M&A)120.4123.587.553.1
Dividend per share (CHF)2.003.152.30
Employees (FTE)5,7685,6485,9155,919

Half Year Results 2019

Key Figures

Key figures (in USD million)H1 FY2019H2 FY2018H1 FY2018
Committed Backlog2,5142,6032,348
Net revenue862.8912.2852.9
Reported EBITDA128.2136.2114.9
Adjusted EBITDA124.9131.1106.8
Net income/(loss)71.863.059.2
Earning per share (in USD)2.452.142.01
Free Cash Flow (excl. M&A)33.1109.314.1

Financial Results 2018

Key Figures

Key figures (in USD million)FY 2018FY 2017FY 2016FY 2015
Committed Backlog2,6032,3892,4912,888
Net revenue1,765.21,737.81,659.21,573.5
Reported EBITDA251.1141.3150.8160.0
Adjusted EBITDA237.9208.2212.0221.0
Net income/(loss)122.246.4(62.1)(13.5)
Earning per share (in USD)4.151.57(2.12)(0.46)
Free Cash Flow (excl. M&A)123.587.553.184.6
Dividend per share (CHF)3.152.30
Employees (FTE)5,6485,9155,9196,001

Half Year Results 2018

Key Figures

Key figures (in USD million)H1 FY2018H2 FY2017H1 FY2017
Committed Backlog2,3482,3892,479
Net revenue852.9872.2865.6
Reported EBITDA114.9102.040.8
Adjusted EBITDA106.8103.3106.5
Net income/(loss)59.241.35.1
Earning per share (in USD)2.011.400.17
Free Cash Flow (excl. M&A)14.166.920.6

Financial Results 2017

Key Figures

 (in USD million)FY 2017FY 2016FY 2015
Committed Backlog2,3892,4912,888
Net revenue1,737.81,659.21,573.5
Reported EBITDA141.3150.8160.0
Adjusted EBITDA208.2212.0221.0
Net income/(loss)46.4(62.1)(13.5)
Earning per share (in USD)1.57(2.12)(0.46)
Free Cash Flow (excl. M&A)87.553.184.6
Dividend per share (CHF)2.30
Employees (FTE)5,9155,9196,001

Half Year Results 2017

Key Figures

Key figures (in USD million)H1 FY2017H2 FY2016H1 FY2016
Committed Backlog2,4792,4912,699
Net revenue865.6871.8787.5
Reported EBITDA40.883.767.1
Adjusted EBITDA106.5115.796.3
Net income/(loss)5.1(49.6)(13.0)
Earning per share (in USD)0.17(1.68)(0.44)
Free Cash Flow (excl. M&A)20.674.5(21.4)

Half Year Results 2025

Key Figures

(in USD million)H1 FY2025*H1 FY2024H1 FY2023H1 FY2022H1 FY2021H1 FY2020H1 FY2019
Committed Backlog3,9803,6453,7303,4803,2362,0812,514
Net revenue535.9925.6970.5728.7700.9623.5852.9
Reported EBITDA62.6108.599.85186.231.8 128.2
Adjusted EBITDA69.2108.2108.147.870.850.1 124.9
Net income/(loss)11.848.241.2186.535-271.8
Earning per share (in USD)0.411.671.436.571.21-0.072.45
Free Cashflow (excl. M&A)n/a-13.55.1-38.941.645.333.1

* excluding EMEA operations which are treated as discontinued operations

Q3 FY2025

Landis+Gyr will release a trading update on Q3 FY 2025 on Wednesday, 28 January 2026, after market close.

Landis+Gyr wird am Mittwoch 28. Januar 2026 nach Marktschluss ein Trading Update zu Q3 FY 2025 veröffentlichen. 

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