EXECUTIVE REPORT 2021

ELMA - Your Solution Partner

Elma Electronic is a global manufacturer of electronic­ ­packaging products for the embedded systems market - from components, backplanes, power supply solutions, storage boards and chassis platforms to fully integrated systems. Elma is listed at the Swiss Stock Exchange, with subsidiaries in 10 countries on 3 conti- nents. To ensure our integrated solutions are optimized to our customers' needs, Elma partners with leading board manufacturers in the industry.

Elma also provides enclosure solutions and rotary

­switches for demanding applications for electronic com- panies. The company has a broad base of proven

standard­ products which can be tailored to individual applications: Elma offers services from the initial ­concept to volume production. Elma's reliable solutions, flexibility, and design expertise are key reasons why the leading companies in the world choose Elma time and again.

Key Figures 2021

Elma Group Key Figures

in CHF 1,000

2021

2020

Order income

160,308

153,288

Net sales

149,277

147,036

EBITDA

12,280

9,939

in % of net sales

8.2

6.8

EBIT

9,053

6,555

in % of net sales

6.1

4.5

Net profit

7,539

5,584

in % of net sales

5.1

3.8

in % of average equity

16.2

13.5

Cash Flow from operating activities

5,739

10,326

Balance sheet total

97,580

91,803

Shareholders' equity

50,577

42,591

in % of balance sheet total

51.8

46.4

Headcount year end in FTE (incl. temporary employees)

805

778

The Alternative Performance Measures are described on page 27 of this Executive Report or on Elma's website at the following link: www.elma.com/en/investors/company-profile/alternative-measures

Net sales by region

in CHF and %

74.1 million

Americas 49.7%

62.6 million

Europe 41.9%

12.6 million

Asia 8.4%

Net sales by product line

in CHF and %

101.6 million

System Solutions 68.1%

34.1 million

Enclosures &

Components 22.8%

13.6 million

Rotary Switches 9.1%

149.3

51.8%

million CHF

net sales

7.5

Shareholders' equity

million CHF

160.3

net profit

million CHF order income

Content

  • 2 Letter to Shareholders
  • 9 Strategy of the Elma Group

10 Regions

12 Technical Paper Artificial Intelligence

14 Highlights

15 Product Lines

16 Customer Project

18 Financial Reports

18 Consolidated Balance Sheet Elma Group 20 Consolidated Income Statement Elma Group

  • 21 Consolidated Cash Flow Statement Elma Group 22 Balance Sheet Elma Electronic AG, Switzerland 24 Income Statement Elma Electronic AG, Switzerland 25 Appropriation of Retained Earnings
    26 Multi-Year Overview Elma Group 27 Alternative Performance Measures

28 Group Companies

29 Imprint

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Disclaimer

Elma Electronic AG published this content on 22 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 March 2022 22:21:02 UTC.