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DesignCon 2020
DesignCon 2020
Precision, reliability and repeatability are key characteristics for connectivity products in the test and measurement industry. New emerging applications are continuously pushing the technological boundaries of interconnect test solutions in terms of speed, bandwidth, density and performance.
28/1/2020 - 30/1/2020
English
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Company Media News
Weidmüller and HUBER+SUHNER strengthen cooperation

Weidmüller and HUBER+SUHNER strengthen cooperation

Specialists in electrical connectivity welcome joint opportunities in the rail market

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

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

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: 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

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

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

HUBER+SUHNER Group completes the takeover of Polatis on schedule

HUBER+SUHNER Group completes the takeover of Polatis on schedule

HUBER+SUHNER acquires Polatis and further strengthens its position as the leading innovator in fiber optics

HUBER+SUHNER acquires Polatis and further strengthens its position as the leading innovator in fiber optics

On 30 May 2016 HUBER+SUHNER signed the contracts to take over Polatis, a group headquartered in Bedford, MA (USA) and Cambridge, UK with USD 13 million sales and 110 employees. Polatis develops, produces and sells all-optical network switches. This innovative technology enables improved capacity utilisation in data centers and advanced data management in large telecommunication networks. Both applications are strategic growth areas of HUBER+SUHNER. The closing of the acquisition is expected in June. The parties agreed not to disclose the financial terms. The purchase will be financed entirely from company funds.

Annual General Meeting of HUBER+SUHNER: Shareholders approve dividend and elect Jörg Walther to the Board of Directors

Annual General Meeting of HUBER+SUHNER: Shareholders approve dividend and elect Jörg Walther to the Board of Directors

HUBER+SUHNER achieves solid annual result despite a difficult environment

5.6 % net sales decrease in Swiss francs – EBIT margin at the upper end of the announced target range of 6–7.5 % – net income significantly reduced due to currency impacts – measures for cushioning the negative currency impacts are showing effect – high free operating cash flow – Fiber Optics with a new net sales record

Media contact

Patrick G. Köppe
Corporate Communications

E-mail
+41 44 952 25 60


Axel Rienitz
Trade media

E-mail
+41 71 353 42 20