Transportation segment with stable business volume and improved profitability

After a decrease in the previous year, the Transportation segment stabilised in 2025. Order intake and net sales were almost unchanged at CHF 258.0 million and CHF 264.5 million, respectively, resulting in a book-to-bill rate of 0.98. The larger Railway subsegment recorded higher sales while orders remained stable, with the Rail Communications growth initiative making a positive contribution. In contrast, the Automotive subsegment recorded lower sales while order intake showed a slightly positive trend. The Electric Vehicle growth initiative continued to perform below expectations, with no signs of a significant market upturn in 2025. The segment’s EBIT margin recovered compared to the previous year, rising by 70 basis points to 8.0%.

graphic

“In a challenging environment, the Transportation segment was able to maintain last year’s order and sales levels, while improving profitability. Again, we saw our subsegments Railway and Automotive moving at different speeds. Our Railway Communications growth initiative continued to deliver positive orders and sales thanks to demand for antenna solutions, while Rolling Stock showed a stable performance. As expected, a meaningful recovery in the automotive market has not yet taken place.”

Drew Nixon, COO Transportation segment

Our solutions in the Transportation segment

Stabilisation after decline in the previous year

In the Transportation segment, the Railway and Automotive subsegments again showed diverging developments in 2025.

In the reporting year, the Railway subsegment recorded solid demand for solutions enabling power and data transmission in rolling stock, with global investment programmes for the retrofitting or outfitting of new fleets expected to continue. The Rail Communications growth initiative, in particular, addresses passengers’ need for connectivity and communication between the moving train and the fixed railway infrastructure, for example through components such as active and passive antennas as well as integrated solutions.

In 2025, the automotive market did not see a significant recovery. Accordingly, the Electric Vehicle growth initiative was subject to slower demand for solutions for high-voltage cabling in commercial vehicles. HUBER+SUHNER expects positive impetus in the medium term, as the new generation of e-trucks has already proven to be economically viable. The Advanced Driver Assistance System (ADAS) business, which develops radar antennas for automated driving – especially in passenger vehicles – made slight progress in 2025.

Key figures Transportation

in CHF million

2025

2024

Change

Order intake

258.0

258.7

(0.3%)

Net sales

264.5

263.6

0.3%

Operating profit (EBIT)

21.0

19.1

9.9%

EBIT margin in %

8.0

7.3

Our solutions in the Transportation segment

Technologies used in this segment

as % of segment net sales 

13%
Radio Frequency
1%
Fiber Optics
86%
Low Frequency
back to top