Innovation and key investments

After the completion of several development projects, in 2022, Mikron invested another CHF 6.5 million (prior year: CHF 6.6 million) in the development or enhancement of new products and product platforms. These figures include personnel expenses, material costs and other operating expenses, and represent 2.1% of net sales (prior year: 2.3% of net sales). This does not include daily innovation activities, which are triggered by customer projects and are required to develop new specific assembly or machining processes.

Mikron offers all kinds of digital and connectivity-related services and solutions commonly summarized as “Industry 4.0”. In recent years, such technologies have been systematically developed, tested and integrated into existing and new products, processes and service offerings. In the year under review, the Mikron Group further intensified the digitalization of industry and services.