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Schweiter Technologies Posts Rise in H1 Net Income; Net Sales Down

MT Newswires·07/24/2026 00:33:19
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12:33 AM EDT, 07/24/2026 (MT Newswires) -- Schweiter Technologies (SWTQ.SW) said Friday its net income for the first half rose, while net sales slipped year over year. Net income attributable to shareholders for the six months ended June 30 was 16.7 million francs, compared with 13.1 million francs earlier. EPS moved to 11.6 francs from 9.1 francs. The Swiss composite materials manufacturer's net sales were 450.3 million francs, compared with 493.7 million francs a year ago. For full-year 2026, Schweiter expects net sales to be lower than the prior year, with profitability projected to increase year over year.