Business · Companies · 1 hr ago
Centiel cuts 2026 forecast as US deliveries move to 2027
Centiel, a Swiss company that makes backup power systems, has delayed its planned deliveries to the United States until 2027.
It has received the required US safety certification, but still needs independent checks of its first production systems and is expanding production capacity and training staff.
A US partner has signed a second order worth $51 million, though the terms are still being finalized before Centiel formally accepts it.
Combined with an earlier $8.7 million order, the US backlog would total $59.7 million.
Because US deliveries are delayed and production costs are rising, Centiel now expects 2026 net sales of about 55 million Swiss francs, down from its earlier forecast of about 65 million francs.
It also expects its adjusted operating profit margin to be in the high teens rather than above 20 percent, while maintaining its forecast for about 20 percent organic growth in core markets.
Production at its new site in Muzzano is expected to begin in the first half of 2027.
Centiel has cut its 2026 revenue and margin forecasts because deliveries to the United States are now planned for 2027.
The Swiss company expects net revenue of about 55 million francs in 2026, down from its previous forecast of about 65 million francs.
Centiel received US UL certification and a signed second order worth $51 million from its US partner, Neo Critical Power.
Together with an order announced in July, the US order backlog would total $59.7 million.
Centiel says production ramp-up costs are the main reason for the lower margin forecast.
- Who
- Centiel, a Swiss power-supply company, and its US partner Neo Critical Power.
- What
- Centiel cut its 2026 revenue and margin forecasts after US deliveries were pushed to 2027.
- When
- The report was published on October 12, 2026. Deliveries are planned for 2027.
- Where
- The deliveries are for the US market. Centiel’s new production site is in Muzzano, Switzerland.
- Why
- Deliveries are scheduled for 2027, and Centiel cited production ramp-up costs as the main reason for lowering its margin forecast.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
Centiel announced a US order worth $8.7 million.
Centiel reported a signed second order worth $51 million and lowered its 2026 forecasts.
Production is due to start at Centiel’s new site in Muzzano.
Production and delivery of the US orders are planned.
- 2026 net revenue forecast
- About 55 million francs, down from about 65 million francs
- 2026 adjusted EBIT margin forecast
- High teens, down from more than 20%
- Second US order
- $51 million
- Potential US order backlog
- $59.7 million
- New production site
- Muzzano; production is due to start in the first half of 2027
Sources
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