SFS stays well on track in the financial year 2023
March 07, 2024 at 12:23 am EST
Share
SFS Group Schweiz AG / Key word(s): Annual Results
SFS stays well on track in the financial year 2023
07-March-2024 / 06:20 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 a stable development despite a difficult economic environment. It met its defined financial targets, recording third-party sales of CHF 3,090.8 million and an EBIT margin of 11.7%. The high level of investment in the realization of growth projects is proving to be worthwhile and focused. SFS also made further important progress in the area of sustainability and is set to meet its targets for education and training, as well as reducing CO2 emissions.
Media & Newsroom
To the full media release
To the Annual Report 2023
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 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).