Hutter & Schrantz AG Reports Earnings Results for the Full Year Ended December 31, 2021

Hutter & Schrantz AG (H&S) is an Austria-based company. The Company is engaged in wire processing. The Company's products are from four business division : Ceiling systems, Industrial sieves, Steel springs and Technical fabrics. The Ceiling system division provide manufacture of ceiling beams and insulation elements for the construction industry. The Industrial sieve division is responsible for the processing industry, e.g. stone or ceramic industries. The Steel springs division offers springs and bent wire parts for industry and commerce. The Technical fabrics division includes metallic fabrics, fabric stampings and expanded metal processing. In addition, the Company provides consulting, development, procurement, prototype construction, production, quality assurance and delivery services. The Company operates through four subsidiaries, such as H & S Industriesiebe GmbH, Hutter & Schrantz Bauelemente GmbH, Hutter & Schrantz Stahlfedern GmbH and Hutter & Schrantz Technische Gewebe GmbH.