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Landis+Gyr Provides Trading Update for Q1 FY 2026 and Accelerates Share Buyback
In this release, the Group's financial results are presented for the first time under the new reporting segmentation announced at the 2026 Capital Markets Day, with comparative figures restated accordingly and are unaudited.
"In Q1 FY2026, our business performed in line with expectations, and pipeline activity remained very strong. While the anticipated deployment timing affected net revenue, we delivered on significantly improving the profitability of our business and are operating in our new segment structure," said Peter Mainz, Chief Executive Officer of Landis+Gyr. "Following the successful closing of the EMEA transaction, we intend to accelerate our share buyback through a fixed-price offer to return the proceeds to our shareholders. At the same time, we continue to advance our preparations for a U.S. listing while maintaining our commitment to the Swiss listing and reiterate our FY2026 guidance."
Read the full ad hoc announcement here.
About Landis+GyrLandis+Gyr is a global energy technology leader, delivering intelligent solutions that connect devices, data, and decisions across the grid. Trusted by more than 2,000 utilities worldwide, we transform traditional devices into intelligent, networked sensors, giving utilities real-time grid visibility and system control. With these combined insights, electric, gas, and water companies can anticipate demand, optimize operations, and deliver energy that's more reliable, resilient, accessible, safe, and sustainable for everyone. For more information, please visit our website www.landisgyr.com.
SOURCE Landis+Gyr Group AG
SOURCE: Landis+Gyr Group AG
Media Contact: Fabio Franceschi -APhone +41 41 935 6123 - Fabio.Franceschi@landisgyr.com / Investor Contact: Christian Waelti -APhone +41 41 935 6331 - Christian.Waelti@landisgyr.com
COMTEX_489622774/2197/2026-07-28T12:00:00