Schweizer Electronic Releases Preliminary Figures for 1H 2017
August 3, 2017 | Schweizer Electronic AGEstimated reading time: 1 minute
The Schweizer Group was able to boost its turnover by 6.8% to 61.9 million euro in the first half year 2017 (2016: 58.0 million euro). The turnover increase was achieved across all market regions, but Asia contributed to the largest extent with a 50% sales growth against previous year’s period.
The operating EBITDA (earnings before interest, taxes, depreciation and amortisation) before one-off special factors came up to 5.0 million euro, corresponding to an EBITDA margin of 8.1%. The result, however, was burdened by two one-off special factors. First of all, precautionary accruals of 1.0 million euro had to be created for covering litigation costs. Furthermore, exchange rate-related expenditure arose within the termination process of the energy business. Considering these one-off extraordinary effects, the Group EBITDA amounted to 3.6 million euro in the first half year 2017 (2016: 4.6 million euro). This corresponds to an EBITDA margin of 5.8%. The prospective Group EBIT (earnings before interest and taxes) amounts to -0.4 million euro (2016: 0.9 million euro). The prospective period result was additionally burdened by tax reserves of 0.6 million euro and amounted to -1.1 million euro against 0.5 million euro the year before.
Despite these special factors, Schweizer remains optimistic in view of its future business development. This is justified in view of an order book which amounts to 160 million euro based on the company’s solutions in the fields of sensor applications and CO2 reduction.
Therefore, we increase our turnover forecast for the business year 2017 to a growth of 3% to 5% (before 2% to 4%). Against the background of the one-off extraordinary expenses of the first half year 2017, we expect an EBITDA margin of 7% to 8% (before 8% to 9%).
Final, audited figures for the first half year 2017 will be disclosed on August 14, 2017.
About Schweizer
Schweizer Electronic AG stands for state-of-the-art technology and consultancy competence. SCHWEIZER’s premium printed circuit boards and innovative solutions and services for automotive, solar, industry and aviation electronics address key challenges in the areas of Power Electronics, Embedding and System Cost Reduction. Its products are distinguished for their superior quality and their energy-saving and environmentallyfriendly features. Together with its partners WUS Printed Circuit (Kunshan) Co., Ltd., Meiko Electronics Co. Ltd. and Elekonta Marek GmbH & Co. KG the company offers in its division electronics cost- and productionoptimised solutions for small, medium and large series. Together with its partner Infineon Technologies AG, SCHWEIZER plans to jointly tap the chip embedding market in future.
Testimonial
"We’re proud to call I-Connect007 a trusted partner. Their innovative approach and industry insight made our podcast collaboration a success by connecting us with the right audience and delivering real results."
Julia McCaffrey - NCAB GroupSuggested Items
Smartphone Production Rises 4% QoQ in 2Q25 as Inventory Adjustment Ends
09/12/2025 | TrendForceTrendForce’s latest investigations reveal that global smartphone production reached 300 million units in 2Q25, up 4% QoQ and 4.8% YoY, driven by seasonal demand and the recovery of brands such as Oppo and Transsion following inventory adjustments.
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
09/12/2025 | Marcy LaRont, I-Connect007We may be post-Labor Day, but it is still hot-hot-hot here in the great state of Arizona—much like our news cycles, which have continued to snap, crackle, and pop with eye-raising headlines over this past week. In broader global tech news this week, AI and tariff-type restrictions continues to dominate with NVIDIA raising its voice against U.S. lawmakers pushing chip restrictions, ASML investing in a Dutch AI start-up company to the tune of $1.5 billion, and the UAE joining the ranks of the U.S. and China in embracing “open source” with their technology in hopes of accelerating their AI position.
Delta Electronics Posts 26.7% Growth in Sales Revenues for August
09/12/2025 | Delta ElectronicsDelta Electronics, Inc. announced its consolidated sales revenues for August 2025 totaled NT$47,860 million, a 26.7 percent increase as compared to NT$37,770 million for August 2024 and a 5.4 percent increase as compared to NT$45,397 million for July 2025.
Flex Named to TIME's World's Best Companies List for Third Consecutive Year
09/12/2025 | FlexFlex announced its inclusion on the TIME World's Best Companies 2025 list. This marks the third consecutive year the company was included in this prestigious ranking, which recognizes top-performing companies across the globe.
Direct Imaging System Market Size to Hit $4.30B by 2032, Driven by Increasing Demand for High-Precision PCB Manufacturing
09/11/2025 | Globe NewswireAccording to the SNS Insider, “The Direct Imaging System Market size was valued at $2.21 Billion in 2024 and is projected to reach $4.30 Billion by 2032, growing at a CAGR of 8.68% during 2025-2032.”