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Phoenix Mecano AG ( (CH:PMN) ) has provided an update.
Phoenix Mecano reported an increase in earnings for the third quarter of 2025, highlighting the resilience of its business model despite challenging conditions. The company achieved organic growth and increased profitability in its industrial divisions, although the DewertOkin Technology Group faced challenges due to tariffs. While the overall sales and order intake decreased, the company managed to improve its operating cash flow and period result. The company is focusing on structural growth drivers like industrial automation and decarbonization to navigate the current economic challenges, and anticipates a normalization of economic conditions in the coming year.
The most recent analyst rating on (CH:PMN) stock is a Hold with a CHF440.00 price target. To see the full list of analyst forecasts on Phoenix Mecano AG stock, see the CH:PMN Stock Forecast page.
More about Phoenix Mecano AG
Phoenix Mecano is a globally positioned technology company specializing in enclosure technology and industrial components. Headquartered in Stein am Rhein, the company employs around 7,000 people worldwide and generated sales of EUR 779.5 million in 2024. Phoenix Mecano focuses on producing niche products and system solutions for industries such as mechanical and plant engineering, measurement and control technology, medical technology, aerospace technology, alternative energies, and the residential and care sector.
Average Trading Volume: 281
Current Market Cap: CHF424.3M
Find detailed analytics on PMN stock on TipRanks’ Stock Analysis page.