SFS Group Schweiz AG / Key word(s): Half Year Results
SFS achieves constant development
18-Jul-2023 / 06:50 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
The SFS Group looks back on the first half of 2023, which was characterized by mixed business performance and destocking effects in the end markets. Renewed strong sales growth of 29.2% was mainly driven by the inclusion of Hoffmann. Sales amounted to CHF 1,580.7 million. At CHF 189.9 million, operating profit (EBIT) rose by 16.6% year-over-year.
Further information is to be found in the enclosed media release and on www.sfs.com or in the Half-Year Report 2023 (PDF).
Best regards
Benjamin Sieber
Valentina Dönz
Corporate Communications
SFS Group AG
Rosenbergsaustrasse 8, CH-9435 Heerbrugg
T +41 71 727 62 48 M +41 79 666 44 82 corporate.communications@sfs.com www.sfs.com
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).
SFS GROUP AG 
