R&S Group (RSGN) Q2 2025 TU earnings summary

Executive summary

• Net sales reached CHF 206.3 million in H1 2025, up from CHF 109.9 million in H1 2024, reflecting strong top-line growth and the full consolidation of Kyte Powertech.

• Order intake rose to CHF 244.8 million from CHF 141.0 million year-over-year, with an order backlog of CHF 305.7 million as of June 30, 2025.

• All markets and product groups contributed to growth, with robust demand for power transformers and recovery in cast resin transformers.

• New CEO Eduardo Terzi appointed effective June 1, 2025, bringing over 30 years of industry experience.

Financial highlights

• Net sales for H1 2025 increased 88% year-over-year, driven by the Kyte Powertech acquisition.

• Book-to-bill ratio close to 1.2, indicating strong future revenue prospects.

• Order backlog at CHF 305.7 million, up from CHF 218.2 million in the prior year period.

Outlook and guidance

• Positive outlook for the second half of 2025, supported by high order backlog and strong order intake.

• Further details to be provided with the H1 2025 financial report on September 11, 2025.