--- title: "Phoenix Mecano Shrugs Off 2025 Dip With Strong Industrial Upswing in Early 2026" type: "News" locale: "en" url: "https://longbridge.com/en/news/283603168.md" description: "Phoenix Mecano AG reported a slight decline in 2025 sales and earnings, with group revenue at EUR 757.3 million and a 13.1% drop in net profit. Despite challenges in the DewertOkin division, the company saw a strong start to 2026, with a 2.2% increase in first-quarter sales and a 21.9% rise in operating profit. The group plans to increase dividends and aims for modest growth in operating profit for 2026, while facing potential pressures from global demand and geopolitical issues. The current analyst rating for PMN stock is a Hold with a price target of CHF440.00." datetime: "2026-04-22T05:32:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283603168.md) - [en](https://longbridge.com/en/news/283603168.md) - [zh-HK](https://longbridge.com/zh-HK/news/283603168.md) --- # Phoenix Mecano Shrugs Off 2025 Dip With Strong Industrial Upswing in Early 2026 ### Claim 30% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks An update from Phoenix Mecano AG ( (CH:PMN) ) is now available. Phoenix Mecano reported a slight decline in 2025 sales and earnings, as group revenue slipped to EUR 757.3 million and net profit fell 13.1%, weighed down by weaker performance at its DewertOkin Technology furniture drive division and higher investments that also lifted net debt. Enclosure Systems held sales and margins largely stable, Industrial Components achieved a turnaround with rising sales and profits despite restructuring costs, and the group maintained a solid equity ratio and ROCE above its medium-term target. The group started 2026 on a stronger footing, delivering 2.2% higher first-quarter sales to EUR 201 million and a 21.9% jump in operating profit as the recovering industrial economy boosted the Enclosure Systems and Industrial Components divisions. Despite continued subdued global furniture demand and tariff headwinds for DewertOkin, Phoenix Mecano plans a higher dividend, a capital reduction via treasury share cancellation and targets a modest increase in full-year 2026 operating profit, while warning that war in Iran, protectionism and currency and commodity volatility could pressure results. 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 active Swiss technology group focused on industrial automation, industrial enclosures and drive systems for electrically adjustable comfort and care furniture. Operating through three divisions, it produces technical components and customer-specific system solutions for sectors including mechanical and plant engineering, measurement and control, medical technology, aerospace, renewable energy and residential and care, generating almost EUR 760 million in 2025 sales with around 7,500 employees. **Average Trading Volume:** 195 **Current Market Cap:** CHF404.2M See more data about PMN stock on TipRanks’ Stock Analysis page. ### Related Stocks - [VIS.US](https://longbridge.com/en/quote/VIS.US.md) - [516960.CN](https://longbridge.com/en/quote/516960.CN.md) - [159667.CN](https://longbridge.com/en/quote/159667.CN.md) - [IYJ.US](https://longbridge.com/en/quote/IYJ.US.md) - [XLI.US](https://longbridge.com/en/quote/XLI.US.md) - [588850.CN](https://longbridge.com/en/quote/588850.CN.md) - [EXI.US](https://longbridge.com/en/quote/EXI.US.md) ## Related News & Research - [Otis Unveils New Commercial Escalator Modernization Packages | OTIS Stock News](https://longbridge.com/en/news/286899576.md) - [Nordson (NDSN) To Report Earnings Tomorrow: Here Is What To Expect](https://longbridge.com/en/news/286847032.md) - [Jim Cramer Flags Industrial Company With 'Almost No Revenue,' Says No To Rocket Companies](https://longbridge.com/en/news/286767298.md) - [Q2 EPS Estimates for Caterpillar Raised by Zacks Research](https://longbridge.com/en/news/286903902.md) - [04:41 ETEONSEN Pack Expands Global Operations With Increased Production Capacity](https://longbridge.com/en/news/286384798.md)