Feintool International Holding AG reported a net profit of CHF 3.2 million for the first half of 2026, marking the company’s first positive bottom-line result since 2023. The Swiss precision parts manufacturer posted net sales of CHF 353.3 million, up 5.6% year-over-year from CHF 334.5 million, with constant-currency growth exceeding 10%.
Operating profit (EBIT) rose to CHF 8.8 million from a CHF 1.9 million loss in the prior-year period, reflecting a CHF 10.7 million improvement. EBITDA increased 47% to CHF 34 million, while the financial result remained negative at CHF 4.5 million due to higher interest expenses. Cash and cash equivalents totaled CHF 90 million, up from CHF 82 million at year-end 2025, and the equity ratio stood at 55.9%.
Regional performance showed broad-based gains. North America’s System Parts USA unit reported sales growth of 13.7% to CHF 115.5 million, with EBITDA up 9% to CHF 13.3 million. Europe’s System Parts Europe division saw sales rise 2.1% to CHF 203.7 million, while EBITDA surged 75% to CHF 23 million. Asia’s sales remained flat at CHF 38.5 million, though constant-currency growth reached 7%. The company’s ICE-related business accounted for 58% of group sales, with non-ICE and non-automotive segments contributing 26% and 16%, respectively.
Shares of Feintool gained 4.1% to $11.45, extending a 45% rally from the 52-week low of $7.90. The stock remains below its 52-week high of $11.90. Analysts project earnings per share of $0.12 for fiscal 2026, compared with a negative $0.69 in the prior 12-month period. The company also highlighted recurring annual savings of about CHF 12 million from its completed Stamping Europe restructuring and outlined expansion plans, including the opening of a new plant in Pune, India, in June 2026 and the start of production at a Cincinnati facility in November 2026.
