Mikron Group reported earnings results for the year 2016. For the year, the company reported net sales of CHF 256.0 million compared to CHF 228.6 million a year ago. EBIT was CHF 4.1 million compared to CHF 2.5 million a year ago. Profit was CHF 2.3 million compared to CHF 0.9 million a year ago. Operating cash flow was CHF 12.8 million compared to CHF 15.5 million a year ago.

For the year 2017, the group expects ongoing positive stimuli to come from the service and tools business plus a volatile trend in order intake for machining and automation systems. Given that the order backlog is satisfactory overall - though unevenly distributed among the locations - the group is anticipating modest sales growth. In view of the various measures being taken to cut material costs and raise efficiency, the Group is expecting a slight improvement in EBIT.