-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueIt's Show Time!
In this month’s issue of PCB007 Magazine we reimagine the possibilities featuring stories all about IPC APEX EXPO 2025—covering what to look forward to, and what you don’t want to miss.
Fueling the Workforce Pipeline
We take a hard look at fueling the workforce pipeline, specifically at the early introduction of manufacturing concepts and business to young people in this issue of PCB007 Magazine.
Inner Layer Precision & Yields
In this issue, we examine the critical nature of building precisions into your inner layers and assessing their pass/fail status as early as possible. Whether it’s using automation to cut down on handling issues, identifying defects earlier, or replacing an old line...
- Articles
- Columns
Search Console
- Links
- Media kit
||| MENU - pcb007 Magazine
exceet Reports Holding Costs and Discontinued Operations for the Nine Months 2022
November 14, 2022 | exceetEstimated reading time: 1 minute

Currently continued operation business of exceet is only related to the Corporate Business, which comprises the holding companies with its administrative costs. exceet is currently evaluating various strategic options with regard to its future. As of 31 August 2022 exceet divested and deconsolidated Lucom GmbH Elektrokomponenten und Systeme, which was already disclosed as discontinued operations and prior reports.
The continued operating result of exceet represents the holding costs. These costs amount in Q3 2022 to EUR -1.2 million (Q3 2021: EUR -0.6 million) and a total of EUR -2.2 million for the first nine month 2022 (9M 2021: EUR -2.0 million). The increase is related to one-off costs in an amount of EUR 1.0 million related to costs for evaluating new strategic investment opportunities. The financial results comprises administrative costs for the cash deposits in Q3 2022 about EUR -0.1 million (Q3 2021: EUR -0.7 million) and EUR -0.4 million for the entire reporting period (9M 2021: EUR -0.1 million). FX results for Q3 2022 is about EUR 0.5 million (Q3 2021: EUR -0.4 million) and EUR 0.3 million for the first nine month 2022 (9M 2021: EUR 0.1 million).
As of 30 September 2022, the total assets of exceet Group amounted to EUR 119.2 million, compared to EUR 122.5 million as of 31 December 2021.
The non-current assets amounted to EUR 1.2 million (31.12.2021: EUR 0.7 million) and increased by EUR 0.5 million due to additional financial investments in current participation.
Current assets amounted to EUR 117.9 million, compared to EUR 121.8 million at year-end 2021. The decrease of the current assets of EUR 3.9 million reflects the deconsolidation of Lucom GmbH Elektrokomponenten und Systeme.
At the end of the reporting period, exceet Group’s equity amounted, to EUR 117.6 million, against EUR 118.2 million as of 31 December 2021. This represents an equity ratio1) of 98.7% (31.12.2021: 96.5%).
Outlook
exceet is currently acting without continued operating business.
While GS Swiss PCB AG and exceet Secure Solutions GmbH have been divested in 2021, Lucom GmbH Elektronikkomponenten und Systeme was sold and deconsolidated on 31 August 2022.
Currently the operating result 2022 (EBIT) is dependent on the administrative costs for the holding companies and from costs for evaluating new strategic investment opportunities.
The continued business currently comprises only the holding companies. For these companies exceet Group plans a loss of about EUR 1.5 million in 2022 without one-time costs related to planned investments and results from divestments.
Suggested Items
Eltek Reports Full Year and Q4 2024 Financial Results
03/13/2025 | EltekEltek Ltd., a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), today announced its financial results for the full year and fourth quarter ended December 31, 2024.
Apple’s Year-End Production Peak and China’s Subsidy Policies Drive 9.2% QoQ Growth in 4Q24 Smartphone Production
03/11/2025 | TrendForceTrendForce reports that global smartphone production in the last quarter of 2024 reached 334.5 million units, reflecting a 9.2% QoQ increase, driven by Apple’s peak production season and consumer subsidies from local Chinese governments.
IDC Adjusts PC and Tablet Forecasts but Still Expects Commercial Demand to Provide Growth
03/04/2025 | IDCIn the wake of the USA’s tariffs on China as well as a weakening market sentiment, mostly in the consumer space, IDC has reduced its traditional PC forecast in 2025 and beyond. Global PC volume is now expected to reach 273 million in 2025, still growing +3.7% over the prior year though this is a slight reduction from the prior forecast.
HANZA Completes Leden Group Oy Acquisition; Broadens Customer Base and Strengthens Mechanical Expertise
03/03/2025 | HANZAHANZA AB has completed the acquisition of the Finnish billion SEK company Leden Group Oy, a leading player in advanced mechanical manufacturing.
Wistron Announces 2024 Financials and BOD Results
02/27/2025 | WistronWistron Corp. held a Board of Directors meeting and announced its financial results for 2024. The company reported consolidated revenue of NTD 1,049 billion, operating income of NTD 38,980 million, profit before tax (PBT) of NTD 40,057 million, and profit after tax (PAT) of NTD 17,439 million, with earnings per share (EPS) of NTD 6.11.