Ad Hoc News

HUBER+SUHNER: Dynamic growth in the first half of the year

Lower profitability, but within the mid-term target range - positive signals from strategic growth initiatives

Annual General Meeting of HUBER+SUHNER: Shareholders approve dividend and elect Urs Kaufmann as Chairman of the Board of Directors

HUBER+SUHNER opens state-of-the-art production facility for injection moulding in Herisau

HUBER+SUHNER is focusing its injection moulding activities at the “Mühle” production site in Herisau. It is also investing in the renewal of its machine pool. The current “Tiefe” site is being sold off.

HUBER+SUHNER – solid growth in sales and order intake

In the 2016 financial year, net sales rose by 4.4% to CHF 737 million. On an organic basis – without portfolio, currency and copper effects – growth in sales was at around the same level. Order intake grew faster than net sales to CHF 747 million (+6.2%) and thus exceeded the latter.

HUBER+SUHNER on solid path of growth after three quarters

After the third quarter HUBER+SUHNER once again confirms substantial growth compared with the previous year. Order intake amounted to CHF 567.8 million, representing a plus of 7%. Net sales during the same period increased by 5% to CHF 558.8 million. In organic terms, i.e. adjusted for portfolio, currency and copper effects, net sales grew by 4.4%.

HUBER+SUHNER: Net sales grows significantly in the first half year 2016 – pleasing development of profitability

HUBER+SUHNER recorded a dynamic first half year. In organic terms, all three divisions achieved higher net sales than in the previous year and increased earning power. Order intake reached CHF 388.4 million (+9.0 %), while net sales grew to CHF 381.2 million (+7.1 %). In organic terms, i.e. excluding currency and copper effects (+0.6 %) as well as portfolio effects (-0.2 %), growth in net sales amounted to 6.6%.The development in profitability was particularly encouraging. The EBIT increased significantly to CHF 38.4 million (+65.2 %). The EBIT margin of 10.1 % (previous year 6.5 %) exceeded the medium term target range of 6-9 %. Net income rose markedly from CHF 6.1 million to CHF 29.9 million.

HUBER+SUHNER and Bombardier Transportation sign five-year partnership agreement

After more than 20 years of successful collaboration, Bombardier Transportation has named HUBER+SUHNER as A-supplier for its cable requirements. Bombardier intends to equip existing and new rolling stock throughout the world predominantly with RADOX® EN and GKW cables. In the future, majority of cables in trains and metro carriages manufactured by Bombardier will be based on HUBER+SUHNER connectivity solutions.

HUBER+SUHNER: Separation of Fiber Optics into two divisions and appointments in the Executive Group Management

HUBER+SUHNER creates attractive working conditions for women, parents and employees aged over 50 years

For years, HUBER+SUHNER has been actively engaged in the education and ongoing development of its employees. Acknowledging that in the future there will be a shortage of specialists the company goes a step further and is launching even more attractive working conditions for today’s and future employees. The offering goes clearly beyond the usual standard of the Swiss industry and places a special focus on the target groups women, parents and employees aged over 50 years.

HUBER+SUHNER – strong development in the first half year 2016