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
Key takeaways
Development by segment
Development of key financials
Updated guidance 2021 & Group priorities
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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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.
SFS Group AG, formerly SFS Holding AG, is a Switzerland-based company that develops and manufactures mechanical fastening systems and precision formed components. The Company serves the automotive, construction, construction supply, electrical, electronics, aerospace and medical components industries. It consists of three operating segments which represent the three business models: Engineered Components, which are customer-specific products under the SFS intec and Unisteel brands; Fastening Systems, which are application-specific products under the SFS intec and GESIPA brand, and Distribution and Logistics, which are market-oriented product ranges and logistics solutions under the SFS unimarket brand throughout Switzerland. Its subsidiaries include, among others, Ncase Limited, a supplier of subframes for rainscreen cladding, as well as developer and manufacturer of disposable products made of metal and plastic for medical device original equipment manufacturers (OEMs).