Presentation 1H 2021 results

Heerbrugg, 20 July 2021

Today's speakers

Welcome to the presentation on our 1H 2021 results

Jens Breu

Volker Dostmann

Chief Executive Officer

Chief Financial Officer

Presentation 1H 2021 results | 20 July 2021

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Table of contents

  1. Key takeaways
  2. Development by segment
  3. Development of key financials
  4. Updated guidance 2021 & Group priorities
  5. Q&A

Presentation 1H 2021 results | 20 July 2021

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Key takeaways

Presentation 1H 2021 results | 20 July 2021

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Key takeaways

Convincing sales and profitability improvement realised

  • Strong 1H 2021 results achieved, supported by dynamic market environment, retained capacity and capability to fulfill customer requirements and continued attention to employee health
  • Advantage taken of driving market demand, 1H 2021 gross sales amounted to CHF 957.8 million (+23.8% vs. PY) driven mainly by segments Engineered Components and Fastening Systems
  • High capacity utilization, proactive price management and cost consciousness lead to operating profit margin peaking at 17.1%
  • Progress on infrastructure projects as planned, with most recently announced expansion of production platform in Nantong (CN) planned to be commissioned in autumn 2023
  • Highlights from the Sustainability Report for the period of 2020:
    • Number of work-related accidents reduced by another -13.3% (total of 85 accidents)
    • 5.0% of workforce enrolled in dual education programe
    • Implementation of CO2 roadmap, containing measurable targets for reduction of CO2 emissions

Presentation 1H 2021 results | 20 July 2021

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Disclaimer

SFS Group AG published this content on 20 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 July 2021 07:49:07 UTC.