Global PCB Connections: Rigid-flex and Flexible PCBs—The Backbone of Modern Electronics
Flexible Thinking: The Key to a Successful Flex Circuit Design Transfer
Happy’s Tech Talk #29: Bend-to-Install Semi-flex FR-4
Schweizer Announces Preliminary Results for 1H2022
August 1, 2022 | Schweizer Electronic AGEstimated reading time: 1 minute
According to preliminary figures, the SCHWEIZER Group achieved consolidated sales of EUR 64.6 million in the first half of 2022 (first half of 2021: EUR 59.4 million). This corresponds to a sales growth of +8.8% compared to the same period last year. Thanks to a continued good order intake in the second quarter, the order backlog thus increased to EUR 242.4 million (31.12.2021: EUR 191.8 million).
The provisional EBITDA (earnings before interest, taxes and amortisation) amounted to EUR -7.1 million (first half of 2021: EUR -5.2 million). The EBITDA ratio is thus -11.0% (first half of 2021: -8.8%) and was therefore below our expectations.
The main cause is a delay in the positive effects of the measures introduced to improve earnings in the Chinese subsidiary.
Against the backdrop of the increased uncertainties over the course of the year, the Executive Board has decided to update the forecast for the current financial year. The Executive Board expects sales growth in the range of +5 to +15% (previously: +10 to +20%). The forecast for the EBITDA ratio has been adjusted to -4% to -8% (previously: +1% to -4%).
The investor discussions held to ensure sufficient liquidity for the Chinese subsidiary are making good progress. From today’s perspective, the aim is to implement the capital measures in China in the second half of the year.
Share on:
Suggested Items
Tariff Effects and China Subsidies Soften 1Q25 Downturn; Foundry Revenue Decline Narrows to 5.4%
06/09/2025 | TrendForceTrendForce’s latest investigations find that the global foundry industry recorded 1Q25 revenue of US$36.4 billion—a 5.4% QoQ decline. The downturn was softened by last-minute rush orders from clients ahead of the U.S. reciprocal tariff exemption deadline, as well as continued momentum from China’s 2024 consumer subsidy program.
Nordson Reports Q2 Fiscal 2025 Results and Q3 Guidance
05/30/2025 | BUSINESS WIRENordson Corporation reported results for the fiscal second quarter ended April 30, 2025. Sales were $683 million compared to the prior year’s second quarter sales of $651 million.
Rocket Lab Enters Payload Market with Agreement to Acquire Geost
05/28/2025 | BUSINESS WIRERocket Lab Corporation, a global leader in launch services and space systems, today announced the signing of a definitive agreement to acquire the parent holding company of Geost, LLC (Geost).
Global NEV Sales Top 4 Million in 1Q25; BYD Remains Dual Leader, Xiaomi Enters Top 10 in BEV Segment
05/21/2025 | TrendForceTrendForce’s latest reports reveal that global NEV sales—including BEVs, PHEVs, and FCEVs—reached 4.02 million units in the first quarter of 2025, marking a 39% YoY increase. NEVs accounted for 18.4% of total global auto sales for the quarter.
Geospace Unveils New Brand Identity Reflecting the Company’s Move into Diverse Markets
05/20/2025 | BUSINESS WIREGeospace Technologies Corporation announces a new brand identity, reflecting the company's transformation of its leadership and culture along with a redefined strategy focused on applied intelligent technology.