Landis+Gyr Group AG stock (CH0371153492): smart metering specialist updates investors with FY 2024/ 25 results

Landis+Gyr Group AG has reported its financial results for the fiscal year 2024/25, giving investors new insights into demand for smart metering and grid?intelligence solutions worldwide and into the company’s profitability after recent portfolio moves.

Landis+Gyr Group AG, a global provider of smart metering and grid?intelligence solutions, has published its results for the fiscal year 2024/25, updating investors on revenue trends, profitability and order intake in key regions including Europe and the United States, according to a company release on its investor website from spring 2025 (Landis+Gyr investor information as of 04/2025). The company highlighted continued demand for smart electricity meters and related software and services, supported by grid digitalization and energy transition programs in multiple countries (Landis+Gyr investor information as of 04/2025).

As of: 19.05.2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: Landis+Gyr
• Sector/industry: Smart metering, grid intelligence, energy technology
• Headquarters/country: Zug, Switzerland
• Core markets: Europe, North America, Asia?Pacific
• Key revenue drivers: Smart electricity meters, communications modules, grid software and services
• Home exchange/listing venue: SIX Swiss Exchange (ticker: LAND)
• Trading currency: Swiss franc (CHF)

Landis+Gyr Group AG: core business model

Landis+Gyr Group AG focuses on technologies that help utilities and energy providers measure, manage and optimize electricity and other resources across their networks. The group’s core offering centers on smart meters for households and businesses, which communicate consumption and grid status data to utilities in near real time. This information supports more accurate billing, reduces manual meter?reading costs and enables remote services.

In addition to smart metering hardware, Landis+Gyr offers communications infrastructure, such as network gateways and modems, as well as software platforms that aggregate and analyze metering information. Utilities use these platforms for functions like demand response, outage management and grid planning. The company positions itself as a partner for long?term infrastructure programs, typically supplying equipment under multi?year contracts with large utility customers.

Service and maintenance contracts are another important element of the business model. Once smart meters and grid devices are deployed, utilities often rely on Landis+Gyr for technical support, software updates and replacement equipment over many years. This creates recurring revenue streams that can help smooth out the natural cyclicality of large roll?out projects. In parallel, the company develops new solutions aimed at integrating distributed energy resources and supporting the shift toward more renewable power generation.

Main revenue and product drivers for Landis+Gyr Group AG

Landis+Gyr’s revenue base is closely tied to national and regional smart?metering programs, where utilities replace traditional mechanical meters with digital devices. Large multi?year roll?outs in Europe and North America typically generate significant hardware revenue during peak deployment phases. As these programs mature, the mix gradually shifts toward replacement units, add?on modules and services, influencing growth rates and margins over time.

Beyond electricity meters, the company supplies gas and heat meters in certain regions, along with communication modules that allow these devices to connect to utility networks. Software and analytics platforms, including meter data management and grid?intelligence tools, are designed to help utilities extract more value from the data generated by the installed base. These software solutions can support higher-margin recurring revenue compared with pure hardware sales, which is strategically relevant for long?term profitability.

Service revenues include installation support, maintenance, managed services and in some cases full meter?as?a?service models, where the utility pays a recurring fee instead of owning all assets. For investors, the composition of revenue between hardware, software and services is a key factor, because it affects margins and earnings stability. Developments reported in the fiscal year 2024/25 results indicate that Landis+Gyr continues to work on expanding its software and services contribution alongside its traditional metering hardware offering (Landis+Gyr investor information as of 04/2025).

Why Landis+Gyr Group AG matters for US investors

Although Landis+Gyr is headquartered in Switzerland and listed on the SIX Swiss Exchange, the company generates a meaningful share of revenue in North America. US utilities are modernizing their grids and expanding advanced metering infrastructure, creating demand for solutions from established providers. For US investors who follow global infrastructure and clean?energy supply chains, the stock offers exposure to this theme through an international listing.

Currency effects can influence reported results for US?based investors, because the shares trade in Swiss francs and the company reports in that currency. Developments in the US dollar–Swiss franc exchange rate may therefore affect the translated value of the investment and of any dividends. In addition, regulatory decisions by US state commissions and federal energy policies can shape the pace of smart?meter deployments, which feed into Landis+Gyr’s order intake and revenue over time (Landis+Gyr investor information as of 04/2025).

Institutional investors in the United States often look at companies like Landis+Gyr as part of a broader basket of grid?modernization and digital?infrastructure plays. The stock’s performance can be influenced by sector sentiment toward utilities technology, interest?rate expectations, and the valuation of comparable peers in the smart?grid and industrial?technology segments. As with other international equities, factors such as liquidity on the home exchange and access through US?based trading platforms may also be considered.

Conclusion

Landis+Gyr Group AG’s latest fiscal?year results underline its role as a specialist in smart metering and grid?intelligence solutions serving utilities across several continents. The company’s business is closely linked to long?term infrastructure programs and regulatory frameworks, which can support visibility but also introduce timing swings. For US?focused investors, the stock offers indirect exposure to grid modernization and energy?transition investments beyond the domestic market, while currency movements and project cycles remain important factors to monitor. As always, individual risk tolerance, investment horizon and portfolio diversification objectives are central considerations.

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.