Schweiter Technologies - Full Year 2023 Results Media & Analyst Conference
DIBOND®, FOREX® - Prato / Italy | AIREX®, BALTEK® - Germany | ALUCOBOND® - House of Music, Budapest / Hungary |
P r e s e n t e r s : | R o m a n S o n d e r e g g e r ( G r o u p C E O ) |
U r s S c h e i d e g g e r ( G r o u p C F O ) | |
D a t e / L o c a t i o n : | M a r c h 7 , 2 0 2 4 , Z u r i c h |
Media & Analyst Conference 2024 | 1 |
M E D I A & A N A L Y S T C O N F E R E N C E 2 0 2 4
Agenda
- Business Review & Highlights
- Financial Results 2023
3 Focus & Outlook 2024
4 Questions & Answers
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Key figures 2023 - Financial turnaround achieved
1'070 Mio. CHF
Net Sales
-11%(Fx-adj.:-7%)
78 Mio. CHF
Cash flow from operating activities
+62%
90 Mio. CHF
EBITDA
+5% (Fx-adj.: +10%)
Margin of 8.4% vs. 7.1% PY
68%
Equity ratio
50 Mio. CHF
EBIT
+18% (Fx-adj.: +24%)
Margin of 4.7% vs. 3.6% PY
15 CHF
Dividend per registered share
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4 Business Areas focusing on light-weight composites solution applications
DISPLAY | CORE MATERIALS | ARCHITECTURE | TRANSPORT & INDUSTRY |
-
of Net
Sales 2023
- Cautious market and consumer sentiment led to lower revenues
- Customers hesitant in anticipation of falling commodity prices
- Growing demand for sustainable mono-material & paper based products
- Footprint optimization for casted clear sheet & operational excellence actions pay off - margin increased
45%
©BENETEAU
- Fully acquired JMB Wind Engineering business with positive sales contribution
- Picked up demand in China with high price pressure
- Next cycle of growth in European & US wind market delayed due to lengthy and slow approval processes
- Encouraging sales in marine with market share gains
- Margins supported by good Balsa business
22%
- US sales stable with strong margins
- In Asia, steady recovery in China lifting revenues well above prior year level
- Continued economic challenges and decline in construction activity in Europe
- Although overall lower sales, margin increased thanks to efficiency as well as good pricing & procurement measures
20%
©HOERMANN KG
- Impacted by muted market demand
- Lightweight construction product solutions for vehicle applications continued to benefit from structural growth with growing margins
13%
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Several highlights in 2023
Innovation & sustainability
New recycled | Mono-Material | |
Display products | portfolio expansion | |
Recycled | New architectural | |
Architecture products | cladding system | |
Acquisitions
Capacity & site development
-
US Architecture:
Next generation paint line - Europe Architecture:
Innovative laminating technology - Europe Core Materials: Additional PET & kitting capacity
- Core Materials Ecuador: Consolidation of sites
Team & organization
- New Group CFO
- Europe: 3 agile & customer focused entities (Display, Industry, Architecture)
- New leaders for Europe from within the company
Urs Scheidegger | Benjamin Burkard | Thorsten Füssinger |
Group CFO | CEO Display Europe | CEO Industry Europe |
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Architecture - 60% acquisition of ZNL - Expanding portfolio
- Innovative aluminum solid sheet manufacturer delivering high-end,multi-color facade solutions
- Ideal portfolio extension for geographical expansion through existing sales channels
- Net sales: ~15 Mio CHF
- 50 employees
- Located in Changzhou, China
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1 B U S I N E S S R E V I E W & H I G H L I G H T S
Architecture Display Portfolio Transformation: More sustainable ALUCOBOND® & DIBOND® - Recycling of Aluminium Composite Panels
Re-usage in | 5 | 1 | Shredding |
production | of panels |
process
4 2
Preparation of the | Composite disintegration |
components | |
with turbo rotor mill | |
3 | Separation by weight |
differences of core | |
and aluminum |
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Display Portfolio Transformation: More sustainable CRYLUX®re - Made from 100% recycled MMA
Recycling of display products
• Thermal treatment allows polymer chain scission into monomer molecules
• A high accurate distillation process separates MMA molecules, achieving a high purity standard
• The recycled material can be reused (over and over again), which not only saves raw materials, but also prevents waste
• Moreover, the described process takes place in Europe, close to our production plants which additionally minimizes the carbon footprint due to the short transport ways
MMA = Methylmethacrylat; rMMA = recycled Methylmethacrylat; PMMA = Polymethylmethacrylat
Our product sustainability measurement
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Display Portfolio Transformation: More sustainable DISPA®re & SMART-X® - Mono-material boards
SMART-X®
- Mono-materialproduct
- No adhesive between core and cover layers
- Impact-modifiedpolystyrene
- Good recyclability
Visual communication
- Direct digital printing
- Signage
- Free-standingdisplays
- Lifesized fashion displays
- Low weight
- High rigidity and flatness
- Co-extrusiontechnology
- Good resistance to weathering
- Lightweight material for indoor and outdoor applications
DISPA®re
- Mono-materialproduct
- Cover sheet and core from FSC® certified recycling paper
- Simple disposal
- Established, closed-loop recycling system
Visual communication
- Displays (POS/POP)
- Signage/ lettering
- Shop design & shop window decoration
- Interior design & furniture
- Equally high level of rigidity - lengthwise and crosswise -major advantages over corrugated cardboard
- Outstanding printing results
- Easy options for processing
- Interior only
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Elements of Schweiter Technologies - Example airport
Our relevance
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Schweiter Technologies AG published this content on 06 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 March 2024 05:25:08 UTC.