SFS Group Schweiz AG / Key word(s): Preliminary Results
SFS achieves robust growth in 2023
19-Jan-2024 / 06:41 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
The SFS Group achieved its defined growth targets despite a difficult economic environment. In financial year 2023, third-party sales of CHF 3,090.8 million were generated. The again strong increase of 12.6% against the prior-year period was underpinned by robust organic growth of 2.1%. Consolidation effects stemming from the inclusion of Hoffmann as of May 1, 2022, accounted for 14.6% of the sales growth.
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Mit freundlichen Grüssen/Best regards
Benjamin Sieber
Valentina Dönz
Corporate Communications
SFS Group AG
Rosenbergsaustrasse 8, CH-9435 Heerbrugg
T +41 71 727 62 48 M +41 79 666 44 82 corporate.communications@sfs.com www.sfs.com
SFS Group AG, formerly SFS Holding AG, is a Switzerland-based company that develops and manufactures mechanical fastening systems and precision formed components. The Company serves the automotive, construction, construction supply, electrical, electronics, aerospace and medical components industries. It consists of three operating segments which represent the three business models: Engineered Components, which are customer-specific products under the SFS intec and Unisteel brands; Fastening Systems, which are application-specific products under the SFS intec and GESIPA brand, and Distribution and Logistics, which are market-oriented product ranges and logistics solutions under the SFS unimarket brand throughout Switzerland. Its subsidiaries include, among others, Ncase Limited, a supplier of subframes for rainscreen cladding, as well as developer and manufacturer of disposable products made of metal and plastic for medical device original equipment manufacturers (OEMs).