Landis+Gyr

Landis+Gyr Group AG (SIX: LAND) is a leading global provider of integrated energy management solutions headquartered in Cham, Switzerland. The company was founded in 1896 and has been at the forefront of energy efficiency and metering technology for over 125 years.

Landis+Gyr offers a comprehensive portfolio of products and services focused on smart metering, grid edge intelligence and smart infrastructure technology. Its solutions include:

• Smart electricity, gas and water meters

• Advanced metering infrastructure (AMI)

• Grid management software and analytics

• Electric vehicle charging solutions

• Smart street lighting

Landis+Gyr's technologies help utilities and consumers better manage energy usage, improve grid reliability, and support the transition to cleaner energy sources. The company has a large global footprint, with operations across five continents and approximately 6,900 employees as of March 2024.

In financial year 2023 (April 2023 - March 2024), Landis+Gyr reported record net revenues of USD 1,963.0 million, up 15.6% year-over-year in constant currency. The company had a committed order backlog of USD 3,769.0 million as of March 2024. Landis+Gyr continues to invest in research and development, with R&D expenses of USD 174.2 million in FY 2023, representing 8.9% of net revenue. The company is focused on expanding its end-to-end solutions portfolio through organic development and strategic investments, such as recent minority stakes in Brusa Elektronik and SPAN.io to enhance its electric vehicle charging and home energy management capabilities.