MANAGE 125 Years

ENERGY

BETTER

Annual Report 2020

Our Mission

Our Values

At Landis+Gyr,­ we create a greener tomorrow through leading smart metering, grid edge intelligence and smart infrastructure technology.

As partners, we help utilities to solve their complex challenges and empower customers and consumers to utilize resources in a more informed and sustainable way.

Together, we manage energy better.

Customer Intimacy

We are a trusted partner and deliver on our commitments.

Innovative Technology

We passionately innovate true differentiators for our customers.

Entrepreneurial Spirit

We empower teams to drive results with a can-do attitude.

Uncompromising Performance

We strive to deliver high quality on time, every time.

Sustainable Impact

We manage energy better for a more sustainable world.

MANAGE 125 Years

ENERGY

BETTER

Performance Report 2020

Contents

Introduction

Entrepreneurial Spirit

5

Global Reach - Local Presence

6

FY 2020 at a Glance

6

FY 2020 Key Figures

7

FY 2020+ Review

8

Consolidated Statements

of Operations

9

Consolidated Balance Sheets

10

Letter to Shareholders

11

125 Years of Excellence

13

Foundation

Purpose

Uncompromising Performance

17

Sustainable Impact

34

Performance Review -

Manage Energy Better -

Group

18

Together

35

Performance Review -

Manage Energy Better -

Americas

20

In a Changing World

38

Performance Review -

Manage Energy Better -

Europe, Middle East and Africa

22

For a Greener Tomorrow

40

Performance Review -

Asia Pacific

24

Value Drivers

Further Information

Innovative Technology

26

Customer Intimacy

43

Market Environment

27

Share Information

44

Strategy & Business Model

28

Contacts

45

R&D, Innovation & Portfolio

29

People

31

Risk Management

33

Introduction5

Entrepreneurial Spirit

Global Reach - Local Presence

6

FY 2020 at a Glance

6

FY 2020 Key Figures

7

FY 2020⁜+ Review

8

Consolidated Statements of Operations

9

Consolidated Balance Sheets

10

Letter to Shareholders

11

125 Years of Excellence

13

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Landis&Gyr Group AG published this content on 28 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 May 2021 05:00:04 UTC.