Core Businesses Maintain Strong Growth Momentum - Salzer Electronics Ltd

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While the quarter witnessed margin moderation to 6.3%, largely due to elevated raw material costs, particularly copper, Silver, and aluminium, amid continued volatility in global commodity markets. As these materials are key inputs across our switchgears business, including transformers and contactors, the sharp increase in input costs impacted margins across the industry. We are actively addressing these pressures through sourcing efficiencies, product mix optimisation, operational improvements and calibrated pricing measures. Importantly, the underlying demand environment remains very encouraging, supported by investments in power infrastructure, renewable energy, industrial automation, data centres and electrification, providing a strong foundation for sustainable growth. The steady performance of our switchgear and wire & cable divisions, continues to be a strong backbone of our business.