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HUBER+SUHNER – solid growth in sales and order intake

Ad hoc announcement pursuant to Art. 53 LR

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.

This pleasing growth was mainly led by the communication market. HUBER+SUHNER managed to gain market share from major communication equipment manufacturers and recorded further success in the Fiber-to-the-Antenna application. The Cube Optics business unit also made a major contribution to the growth.

Sales in the transportation and industrial markets moved sideways. In the transportation market, sales in the railway sub-segment fell whilst those in the automotive business grew significantly. In the industrial market, positive stimulus came above all in the Aerospace+Defense sub-segment with a strong contribution from HUBER+SUHNER Astrolab.

HUBER+SUHNER confirms an EBIT margin at the upper end of the target range of 6-9% for the 2016 financial year. The final, detailed financial results will be presented by the company at the media and analysts conference on 14 March 2017.

Rienitz Axel
Head of Marketing Communication
HUBER+SUHNER AG
+41 71 353 4220
axel.rienitz@hubersuhner.com

Media release (PDF)