Vertex Industries — Annual Report · 2025 03 / 15

Markets & Segments

Two engines, four industries

Vertex Industries operates through two segments that reinforce each other. Automation — 66% of revenue — engineers the robots, control systems and warehouse lines that move physical goods; with Kestrel Robotics it has become the reference supplier for automated intralogistics. Software & Services — 34% of revenue — runs the digital layer above the machines: Vertex Neura, the cloud platform that delivered 99.98% uptime in 2025, and a services organisation certified to ISO 27001 and SOC 2 Type II. CHF 435 million of the segment’s revenue now recurs annually, up 31%.

Four customer industries account for the bulk of demand. Logistics and warehousing is the group’s largest and fastest-moving market. Food and beverage buys hygiene-rated robotics and traceability; pharmaceutical customers purchase validation and documentation as much as machinery; automotive — the group’s oldest market — is retooling for electric drivetrains, and automating as it does.

Revenue by customer industry

Share of 2025 consolidated revenue.

FY 2024 FY 2025 Change
Key group metrics
Revenue (CHF M) 1032 1280 +24.0%
Annual recurring revenue (CHF M) 332 435 +31.0%
EBIT margin (%) 13.8 16.0 +15.9%
Order backlog (CHF M) 1600 1900 +18.8%
Headcount (FTE) 8100 8900 +9.9%
“A third of our revenue now renews itself. That predictability is worth more than any single order — it is what lets us spend CHF 192 million on research and still close the year with CHF 210 million of net cash.”
Amara Osei
Chief Financial Officer