Results Center
Landis+Gyr is a leading global provider of integrated energy management solutions. We measure and analyze energy utilization to generate empowering analytics for smart grid and infrastructure management, enabling utilities and consumers to reduce energy consumption. Our innovative and proven portfolio of software, services and intelligent sensor technology is a key driver to decarbonize the grid. Having avoided about 9 million tons of CO2 in FY 2023, Landis+Gyr manages energy better – since 1896. With sales of USD 2.0 billion in FY 2023, Landis+Gyr employs around 6,900 talented people across five continents.
Financial Results 2023
Press Release
EN – May 8, 2024 – Landis+Gyr Announces FY 2023 Financial Results (PDF)
DE – 8. Mai 2024 – Landis+Gyr veröffentlicht Ergebnisse für das Geschäftsjahr 2023 (PDF)
Annual Report
Annual Report 2023, Full Version (Web)
Annual Report 2023, Full Version (PDF)
Performance Report (PDF)
Corporate Governance Report (PDF)
Remuneration Report (PDF)
Financial Report (PDF)
Sustainability Report (PDF)
Presentation
FY 2023 Investor Presentation (PDF)
Key financial tables (PDF)
Investor/analyst webcast and conference call
Replay Webcast: Link
Playback of the FY 2023 Analyst Call (MP3)
Key Figures
| (in USD million) | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
| Committed Backlog | 3,769 | 3,749 | 3,389 | 2,166 | 2,224 | 2,603 | 2,389 | 2,491 |
| Net revenue | 1963 | 1681.4 | 1464 | 1357.4 | 1699 | 1765.2 | 1737.8 | 1659.2 |
| Reported EBITDA | 216.8 | 133.2 | 170.3 | 113.7 | 225.3 | 251.1 | 141.3 | 150.8 |
| Adjusted EBITDA | 223.9 | 139.9 | 147.0 | 139.6 | 237.2 | 237.9 | 208.2 | 212.0 |
| Adj. EBITDA margin | 11.4% | 8.3% | 10.0% | 10.3% | 14.0% | 13.5% | 12.0% | 12.8% |
| Net income/(loss) | 110.0 | 207.9 | 79.4 | -392.4 | 113.7 | 122.2 | 46.4 | -62.1 |
| Earning per share (in USD) | 3.78 | 7.32 | 2.59 | -13.61 | 3.90 | 4.15 | 1.57 | -2.12 |
| Free Cash Flow (excl. M&A) | 91.1 | -22.0 | 89.0 | 97.6 | 120.4 | 123.5 | 87.5 | 53.1 |
| Dividend per share (CHF) | 2.25 | 2.20 | 2.15 | 2.10 | 2.00 | 3.15 | 2.30 | – |
| Employees (FTE) | 6,874 | 7,750 | 6,445 | 5,071 | 5,768 | 5,648 | 5,915 | 5,919 |
Half Year Results 2023
Press Release
EN – October 25, 2023 – Landis+Gyr Announces First Half FY 2023 Financial Results (PDF)
DE – 25. Oktober 2023 – Landis+Gyr veröffentlicht Ergebnisse des 1. Halbjahres des Geschäftsjahres 2023 (PDF)
Presentation
Half Year FY 2023 Investor Presentation (PDF)
Half Year Report
Half Year Report 2023 (PDF)
Investor/analyst webcast and conference call
Playback of the H1 2023 Analyst Call (MP3)
Key Figures
| Key Figures (in USD million) | H1 FY2023 | H1 FY2022 | H1 FY2021 | H1 FY2020 | H1 FY2019 | H1 FY2018 |
|---|---|---|---|---|---|---|
| Committed Backlog | 3,730.5 | 3,480 | 3,236 | 2,081 | 2,514 | 2,348 |
| Net revenue | 970.5 | 728.7 | 700.9 | 623.5 | 862.8 | 852.9 |
| Reported EBITDA | 99.8 | 51.0 | 86.2 | 31.8 | 128.2 | 114.9 |
| Adjusted EBITDA | 108.1 | 47.8 | 70.8 | 50.1 | 124.9 | 106.8 |
| Net income/(loss) | 41.2 | 186.5 | 35.0 | (2.0) | 71.8 | 59.2 |
| Earning per share (in USD) | 1.43 | 6.57 | 1.21 | (0.07) | 2.45 | 2.01 |
| Free Cashflow (excl. M&A) | 5.1 | (38.9) | 41.6 | 45.3 | 33.1 | 14.1 |
Financial Results 2022
Press Release
EN – May 2, 2023 – Landis+Gyr Announces FY 2022 Financial Results and Changes to the Board of Directors
DE – 2 Mai 2023 – Landis+Gyr gibt Ergebnisse für das Geschäftsjahr 2022 und Veränderungen im Verwaltungsrat bekannt
Annual Report
Annual Report 2022, Full Version (Web)
Annual Report 2022, Full Version (PDF)
Performance Report (PDF)
Corporate Governance Report (PDF)
Remuneration Report (PDF)
Financial Report (PDF)
Sustainability Report (PDF)
Presentation
Full Year FY 2022 Earnings Presentation
FY 2022 Financial Tables
Investor/analyst webcast and conference call
Playback of the 2022 Analyst Conference Call (MP3)
Key Figures
| Key figures (in USD million) | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
| Committed Backlog | 3,749 | 3,389 | 2,166 | 2,224 | 2,603 | 2,389 | 2,491 |
| Net revenue | 1,681.4 | 1,464.0 | 1,357 | 1,699 | 1,765.2 | 1,737.8 | 1,659.2 |
| Reported EBITDA | 133.2 | 170.3 | 113.7 | 225.3 | 251.1 | 141.3 | 150.8 |
| Adjusted EBITDA | 139.9 | 147.0 | 139.6 | 237.2 | 237.9 | 208.2 | 212.0 |
| Net income/(loss) | 207.9 | 79.4 | (392.4) | 113.7 | 122.2 | 46.4 | (62.1) |
| Earning per share (in USD) | 7.32 | 2.59 | (13.61) | 3.90 | 4.15 | 1.57 | (2.12) |
| Free Cash Flow (excl. M&A) | (22.0) | 89.0 | 97.6 | 120.4 | 123.5 | 87.5 | 53.1 |
| Dividend per share (CHF) | 2.20 | 2.15 | 2.10 | 2.00 | 3.15 | 2.30 | – |
| Employees (FTE) | 7,750 | 6,445 | 5,071 | 5,768 | 5,648 | 5,915 | 5,919 |
Half Year Results 2022
Press Release
EN –October 27, 2022 – Landis+Gyr Announces First Half FY 2022 Financial Results (PDF)
DE – 27. Oktober 2022 – Landis+Gyr veröffentlicht Ergebnisse des 1. Halbjahres des Geschäftsjahres 2022 (PDF)
Presentation
Half Year FY 2022 Investor Presentation
Half Year Report
Half Year Report 2022
Key Figures
| Key Figures (in USD million) | H1 FY2022 | H1 FY2021 | H1 FY2020 | H1 FY2019 | H1 FY2018 |
| Committed Backlog | 3,480 | 3,236 | 2,081 | 2,514 | 2,348 |
| Net revenue | 728.7 | 700.9 | 623.5 | 862.8 | 852.9 |
| Reported EBITDA | 51.0 | 86.2 | 31.8 | 128.2 | 114.9 |
| Adjusted EBITDA | 47.8 | 70.8 | 50.1 | 124.9 | 106.8 |
| Net income/(loss) | 186.5 | 35.0 | (2.0) | 71.8 | 59.2 |
| Earning per share (in USD) | 6.57 | 1.21 | (0.07) | 2.45 | 2.01 |
| Free Cashflow (excl. M&A) | (38.9) | 41.6 | 45.3 | 33.1 | 14.1 |
Financial Results 2021
Press Release
EN – May 5, 2022 – Landis+Gyr Announces FY 2021 Financial Results
DE – 5. Mai 2022 – Landis+Gyr veröffentlicht Ergebnisse für das Geschäftsjahr 2021
Annual Report
Annual Report 2021, Full Version (Web)
Annual Report 2021, Full Version (PDF)
Performance Report (PDF)
Corporate Governance Report (PDF)
Remuneration Report (PDF)
Financial Report (PDF)
Sustainability Report (PDF)
Presentation
Full Year FY 2021 Earnings Presentation
FY 2021 Financial Tables
Analyst Conference Call
Replay of Webcast
Playback of the 2021 Analyst Conference Call (MP3)
Key Figures
| Key figures (in USD million) | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
| Committed Backlog | 3,389 | 2,166 | 2,224 | 2,603 | 2,389 | 2,491 |
| Net revenue | 1,464.0 | 1,357 | 1,699 | 1,765.2 | 1,737.8 | 1,659.2 |
| Reported EBITDA | 170.3 | 113.7 | 225.3 | 251.1 | 141.3 | 150.8 |
| Adjusted EBITDA | 147.0 | 139.6 | 237.2 | 237.9 | 208.2 | 212.0 |
| Net income/(loss) | 79.4 | (392.4) | 113.7 | 122.2 | 46.4 | (62.1) |
| Earning per share (in USD) | 2.59 | (13.61) | 3.90 | 4.15 | 1.57 | (2.12) |
| Free Cash Flow (excl. M&A) | 89.0 | 97.6 | 120.4 | 123.5 | 87.5 | 53.1 |
| Dividend per share (CHF) | 2.15 | 2.10 | 2.00 | 3.15 | 2.30 | – |
| Employees (FTE) | 6,445 | 5,071 | 5,768 | 5,648 | 5,915 | 5,919 |
Half Year Results 2021
Press Release
EN – October 28, 2021 – Landis+Gyr Announces First Half FY 2021 Financial Results
DE – 28. Oktober 2021 – Landis+Gyr veröffentlicht Ergebnisse des 1. Halbjahres des Geschäftsjahres 2021
Presentation
Half Year FY 2021 Investor Presentation
Half Year Report
Half Year Report 2021
Webcast and Conference Call for Analysts
Playback of the FY 2021 Analyst Conference Call (MP3)
Key Figures
| Key Figures (in USD million) | H1 FY2021 | H1 FY2020 | H1 FY2019 | H1 FY2018 |
| Committed Backlog | 3,236 | 2,081 | 2,514 | 2,348 |
| Net revenue | 700.9 | 623.5 | 862.8 | 852.9 |
| Reported EBITDA | 86.2 | 31.8 | 128.2 | 114.9 |
| Adjusted EBITDA | 70.8 | 50.1 | 124.9 | 106.8 |
| Net income/(loss) | 35.0 | (2.0) | 71.8 | 59.2 |
| Earning per share (in USD) | 1.21 | (0.07) | 2.45 | 2.01 |
| Free Cashflow (excl. M&A) | 41.6 | 45.3 | 33.1 | 14.1 |
Financial Results 2020
Press Release
EN – May 5, 2021 – Landis+Gyr Announces FY 2020 Financial Results
DE – 5. Mai 2021 – Landis+Gyr veröffentlicht Ergebnisse für das Geschäftsjahr 2020
Annual Report
Annual Report 2020, Full Version (Web)
Annual Report 2020, Full Version (PDF)
Performance Report (PDF)
Corporate Governance Report (PDF)
Remuneration Report (PDF)
Financial Report (PDF)
Presentation
Full Year FY 2020 Earnings Presentation
FY 2020 Financial Tables
Analyst Conference Call
Playback of the FY 2020 Analyst Conference Call (MP3)
Key Figures
| Key figures (in USD million) | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
| Committed Backlog | 2,166 | 2,224 | 2,603 | 2,389 | 2,491 |
| Net revenue | 1,357 | 1,699 | 1,765.2 | 1,737.8 | 1,659.2 |
| Reported EBITDA | 113.7 | 225.3 | 251.1 | 141.3 | 150.8 |
| Adjusted EBITDA | 139.6 | 237.2 | 237.9 | 208.2 | 212.0 |
| Net income/(loss) | (392.4) | 113.7 | 122.2 | 46.4 | (62.1) |
| Earning per share (in USD) | (13.61) | 3.90 | 4.15 | 1.57 | (2.12) |
| Free Cash Flow (excl. M&A) | 97.6 | 120.4 | 123.5 | 87.5 | 53.1 |
| Dividend per share (CHF) | 2.10 | 2.00 | 3.15 | 2.30 | – |
| Employees (FTE) | 5,071 | 5,768 | 5,648 | 5,915 | 5,919 |
Half Year Results 2020
Press Release
EN – October 28, 2020, Landis+Gyr Announces First Half FY 2020 Financial Results
DE – 28. Oktober 2020, Landis+Gyr veröffentlicht Ergebnisse des 1. Halbjahres des Geschäftsjahres 2020
Presentation
Half Year FY 2020 Investor Presentation
Half Year Report
Half Year Report 2020
Webcast and Conference Call for Analysts
Playback of the H1 FY2020 Analyst Conference Call (MP3) – Click to listen
Key Figures
| Key figures (in USD million) | H1 FY2020 | H1 FY2019 | H2 FY2018 |
| Committed Backlog | 2,081 | 2,514 | 2,603 |
| Net revenue | 623.5 | 862.8 | 912.2 |
| Reported EBITDA | 31.8 | 128.2 | 136.2 |
| Adjusted EBITDA | 50.1 | 124.9 | 131.1 |
| Net income/(loss) | (2.0) | 71.8 | 63.0 |
| Earning per share (in USD) | (0.07) | 2.45 | 2.14 |
| Free Cash Flow (excl. M&A) | 45.3 | 33.1 | 109.3 |
Financial Results 2019
Press Release
EN – May 6, 2020 – Landis+Gyr Announces FY 2019 Financial Results
DE – 6. Mai 2020 – Landis+Gyr veröffentlicht Ergebnisse für das Geschäftsjahr 2019
Annual Report
Annual Report 2019, Full Version (Web)
Annual Report 2019, Full Version (PDF)
Performance Report (PDF)
Corporate Governance (PDF)
Remuneration Report (PDF)
Financial Report (PDF)
Presentations
Financial year 2019 Analyst Presentation
FY2019 Financial Tables
Analyst Conference Call
Playback of the FY2019 Analyst Conference Call (MP3) – Click to listen
Key Figures
| Key figures (in USD million) | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
| Committed Backlog | 2,224 | 2,603 | 2,389 | 2,491 |
| Net revenue | 1,699 | 1,765.2 | 1,737.8 | 1,659.2 |
| Reported EBITDA | 225.3 | 251.1 | 141.3 | 150.8 |
| Adjusted EBITDA | 237.2 | 237.9 | 208.2 | 212.0 |
| Net income/(loss) | 113.7 | 122.2 | 46.4 | (62.1) |
| Earning per share (in USD) | 3.90 | 4.15 | 1.57 | (2.12) |
| Free Cash Flow (excl. M&A) | 120.4 | 123.5 | 87.5 | 53.1 |
| Dividend per share (CHF) | 2.00 | 3.15 | 2.30 | – |
| Employees (FTE) | 5,768 | 5,648 | 5,915 | 5,919 |
Half Year Results 2019
Press Release
EN – October 29, 2019, Landis+Gyr Announces First Half FY 2019 Financial Results
DE – 29.Oktober 2019, Landis+Gyr veröffentlicht Ergebnisse des 1. Halbjahres des Geschäftsjahres 2019
Presentation
Half Year FY 2019 Investor Presentation
Half Year Report
Half Year Report 2019
Analyst Conference Call
Playback of the Analyst Conference Call on Half Year Results 2019 (MP3, 17MB)
Key Figures
| Key figures (in USD million) | H1 FY2019 | H2 FY2018 | H1 FY2018 |
| Committed Backlog | 2,514 | 2,603 | 2,348 |
| Net revenue | 862.8 | 912.2 | 852.9 |
| Reported EBITDA | 128.2 | 136.2 | 114.9 |
| Adjusted EBITDA | 124.9 | 131.1 | 106.8 |
| Net income/(loss) | 71.8 | 63.0 | 59.2 |
| Earning per share (in USD) | 2.45 | 2.14 | 2.01 |
| Free Cash Flow (excl. M&A) | 33.1 | 109.3 | 14.1 |
Financial Results 2018
Press Release
- EN – May 6, 2019, Landis+Gyr Announces FY 2018 Financial Results
- DE – 6. Mai 2019, Landis+Gyr veröffentlicht Ergebnisse für das Geschäftsjahr 2018
Annual Report
- Annual Report 2018, Full Version (web)
- Annual Report 2018, Full Version (PDF)
- Performance Report (PDF)
- Corporate Governance (PDF)
- Remuneration Report (PDF)
- Financial Report (PDF)
Presentations
Analyst and Media Conference Call
Key Figures
| Key figures (in USD million) | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
| Committed Backlog | 2,603 | 2,389 | 2,491 | 2,888 |
| Net revenue | 1,765.2 | 1,737.8 | 1,659.2 | 1,573.5 |
| Reported EBITDA | 251.1 | 141.3 | 150.8 | 160.0 |
| Adjusted EBITDA | 237.9 | 208.2 | 212.0 | 221.0 |
| Net income/(loss) | 122.2 | 46.4 | (62.1) | (13.5) |
| Earning per share (in USD) | 4.15 | 1.57 | (2.12) | (0.46) |
| Free Cash Flow (excl. M&A) | 123.5 | 87.5 | 53.1 | 84.6 |
| Dividend per share (CHF) | 3.15 | 2.30 | – | – |
| Employees (FTE) | 5,648 | 5,915 | 5,919 | 6,001 |
Half Year Results 2018
Press Release
- EN – October 26, 2018, Landis+Gyr Announces First Half FY 2018 Financial Results
- DE – 26. Oktober 2018, Landis+Gyr veröffentlicht Ergebnisse des 1. Halbjahres des Geschäftsjahres 2018
Presentation
Half Year Report
Analyst and Media Conference Call
Key Figures
| Key figures (in USD million) | H1 FY2018 | H2 FY2017 | H1 FY2017 |
| Committed Backlog | 2,348 | 2,389 | 2,479 |
| Net revenue | 852.9 | 872.2 | 865.6 |
| Reported EBITDA | 114.9 | 102.0 | 40.8 |
| Adjusted EBITDA | 106.8 | 103.3 | 106.5 |
| Net income/(loss) | 59.2 | 41.3 | 5.1 |
| Earning per share (in USD) | 2.01 | 1.40 | 0.17 |
| Free Cash Flow (excl. M&A) | 14.1 | 66.9 | 20.6 |
Financial Results 2017
Press Release
EN – June 5, 2018, Landis+Gyr Announces FY 2017 Financial Results
DE – 5. Juni 2018, Landis+Gyr veröffentlicht Ergebnisse für das Geschäftsjahr 2017
Presentations
Financial Year 2017 Analyst Presentation
Annual Report
Annual Report 2017, Full Version (web)
Annual Report 2017, Full Version (PDF, 10 MB)
Performance Report (PDF, 7 MB)
Corporate Governance (PDF, 4 MB)
Remuneration Report (PDF, 4 MB)
Financial Report (PDF, 4 MB)
Analyst Meeting and Conference Call
Playback of the FY 2017 Analyst Meeting and Conference Call (MP3, 20 MB)
Key Figures
| (in USD million) | FY 2017 | FY 2016 | FY 2015 |
| Committed Backlog | 2,389 | 2,491 | 2,888 |
| Net revenue | 1,737.8 | 1,659.2 | 1,573.5 |
| Reported EBITDA | 141.3 | 150.8 | 160.0 |
| Adjusted EBITDA | 208.2 | 212.0 | 221.0 |
| Net income/(loss) | 46.4 | (62.1) | (13.5) |
| Earning per share (in USD) | 1.57 | (2.12) | (0.46) |
| Free Cash Flow (excl. M&A) | 87.5 | 53.1 | 84.6 |
| Dividend per share (CHF) | 2.30 | – | – |
| Employees (FTE) | 5,915 | 5,919 | 6,001 |
Half Year Results 2017
Press Release
- EN – October 26, 2017, Landis+Gyr Announces First Half FY 2017 Financial Results
- DE – 26. Oktober 2017, Landis+Gyr: Veröffentlichung der Ergebnisse des 1. Halbjahres des Geschäftsjahres 2017
Presentation
Half Year Report
Analyst and Media Conference Call
Key Figures
| Key figures (in USD million) | H1 FY2017 | H2 FY2016 | H1 FY2016 |
| Committed Backlog | 2,479 | 2,491 | 2,699 |
| Net revenue | 865.6 | 871.8 | 787.5 |
| Reported EBITDA | 40.8 | 83.7 | 67.1 |
| Adjusted EBITDA | 106.5 | 115.7 | 96.3 |
| Net income/(loss) | 5.1 | (49.6) | (13.0) |
| Earning per share (in USD) | 0.17 | (1.68) | (0.44) |
| Free Cash Flow (excl. M&A) | 20.6 | 74.5 | (21.4) |
