HUBER+SUHNER AG Strong increase in order intake - Double-digit net sales growth of 12.7 % - EBIT margin of 12.2 %, above the medium-term target range - Net income doubled - Book-to-bill rate 1.16 - Strong growth and high profitability in Industry; Communication with leap in EBIT; growth in net sales in Transportation - Consistent alignment of the organisation to market segments successfully implemented
HUBER+SUHNER announces the acquisition of ROADMap Systems Ltd., a technology start-up located in Cambridge, UK, through an asset deal. The company is developing the next generation of highly integrated wavelength-selective switch technology and will be integrated into the Communication segment.
HUBER+SUHNER has launched SYLFA HD, a new front access solution to its comprehensive portfolio of scalable fiber management systems. With a unique, versatile modular connectivity platform, SYLFA HD provides a space-saving structured cabling alternative for WAN/Access network, central office and data center customers that is easy to install and manage.
Order intake and net sales below previous year due to pandemic - Investments in the future at a record high - EBIT margin of 8.3 % within medium-term target range despite lower net sales - Significantly improved profitability in the second half-year - New alignment by market segments strengthens market orientation
Production operations at the Swiss locations have been successfully restarted. Delays in deliveries to customers are mostly to be resolved by the end of the year. An unknown perpetrator claims data ownership - HUBER+SUHNER in intensive cooperation with experts and authorities.
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Huber + Suhner AG published this content on 01 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 September 2021 17:21:00 UTC.
