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Bystronic AG (Bystronic)is a sheet metal processing manufacturer specializing in solutions. The company offers laser cutting machines, tube lasers, bending presses, automation systems, and software solutions. Its software includes the BySoft Suite Software and the Plant Manager Cutting (PMC). Bystronic also provides laser automation, bending and bending automation, tube cutting machines, laser cutting systems and equipment, press brake machines, and automation lasers. The company's solutions are utilized across various industries such as agricultural machinery, automotive, building technology, elevator, mechanical engineering, and sheet metal processing. Bystronic is headquartered in Zurich, Switzerland.
Headquarters
Switzerland
Address
Industriestrasse 21, Niederoenz, Zuerich, 3362
Website
www.bystronic.com
Telephone
41 44 4682449
No of Employees
2,940
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
BYS (SWF)
Revenue (2024)
$736.4M
-30.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-260.7%
(2024 vs 2023)
Market Cap*
$464.1M
Net Profit Margin (2024)
XYZ
-330.3%
(2024 vs 2023)
* As of and is in US$
Bystronic AG premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Laser Automation | Smart Factory Solutions |
| Bending and Bending Automation | Consulting and Customer Service |
| Tube Cutting Machine | ByCare Service |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Acquisitions/Mergers/Takeovers | In January, the company acquired the Tools for Materials Processing Business from Coherent Corp, a semiconductor manufacturing company. |
| 2024 | New Products/Services | In August, the company launched a new support ticketing system. |
| 2024 | New Products/Services | In April, the company announced the launch of the new ByCut Smart 4020. |
Competitor Comparison
| Key Parameters | Bystronic AG | OC Oerlikon Corporation AG | Feintool International Holding AG | Komax Holding AG | Mikron Holding AG |
|---|---|---|---|---|---|
| Headquarters | Switzerland | Switzerland | Switzerland | Switzerland | Switzerland |
| City | Zuerich | Pfaeffikon | Lyss | Dierikon | Boudry |
| State/Province | - | - | - | Luzern | Bern |
| No. of Employees | 2,940 | 9,498 | 3,118 | 3,421 | 1,560 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Heinz O. Baumgartner | Chairman | Executive Board | 2023 | 62 |
| Domenico Iacovelli | Chief Executive Officer | Senior Management | 2024 | 49 |
| Beat Neukom | Chief Financial Officer | Senior Management | 2021 | 55 |
| Kevin McAllister | President - Region Americas | Senior Management | 2026 | - |
| Alberto Martinez | Head - Division System | Senior Management | - | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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