HUBER+SUHNER with highest turnover in the company’s history in the 2022 financial year
|
HUBER+SUHNER AG / Key word(s): Incoming Orders Ad hoc announcement pursuant to Art. 53 LR - 20.01.2023 Significant sales growth in all market segments – Order intake exceeds high sales, but remains just below the previous year's record level Order intake and net sales 2022 (unaudited)
Despite the challenging environment, HUBER+SUHNER looks back on an overall pleasing business year 2022. At CHF 954.6 million (unaudited), net sales in 2022 were once again up on the previous year (CHF 862.9 million), namely by 10.6 %. Organically, i.e. taking currency, copper price and portfolio effects into account, the increase was even 12.9 %. All three market segments contributed to the significant growth in turnover. In the Industry segment (+8.2 %), the greatest growth was in the subsegments high-power charging and test and measurement. The subsegment aerospace and defense remained clearly behind the strong previous year. In the Communication segment (+13.1 %), business with the expansion of mobile networks showed the strongest dynamics. The data center subsegment also made a significant contribution to growth. In the Transportation segment (+9.8 %), practically the entire growth in sales was accounted for by the automotive subsegment, while the weighty railway subsegment only slightly exceeded the previous year's level. Order intake in 2022 was CHF 975.4 million. Compared to the very high value of the previous year (CHF 995.6 million), this corresponds to a decline of only 2.0 %. The book-to-bill rate was 1.02. The development of order intake in the market segments varied. The Industry segment recorded an increase of 4.7 %, while the order volume in the Communication segment decreased by 9.4 %. In the Transportation segment, order intake exceeded the previous year's level by 1.9 % despite the discontinuation of the business in Russia.
The detailed business results will be presented at the media and analysts’ conference on 7 March 2023.
This media release can also be found under www.hubersuhner.com/en/company/media/news
The definition of Alternative Performance Measures can be found under www.hubersuhner.com/en/company/investors/publications
This media release is also available in German. The German version is binding.
Media release as PDF Link Further calendar dates HUBER+SUHNER AG End of Inside Information |
| Language: | English |
| Company: | HUBER+SUHNER AG |
| Tumbelenstrasse 20 | |
| 8330 Pfäffikon ZH | |
| Switzerland | |
| Internet: | www.hubersuhner.com |
| ISIN: | CH0030380734 |
| Valor: | 3038073 |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 1539635 |
| End of Announcement | EQS News Service |
|
|
1539635 20-Jan-2023 CET/CEST
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.