-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueInner 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...
Engineering Economics
The real cost to manufacture a PCB encompasses everything that goes into making the product: the materials and other value-added supplies, machine and personnel costs, and most importantly, your quality. A hard look at real costs seems wholly appropriate.
Alternate Metallization Processes
Traditional electroless copper and electroless copper immersion gold have been primary PCB plating methods for decades. But alternative plating metals and processes have been introduced over the past few years as miniaturization and advanced packaging continue to develop.
- Articles
- Columns
Search Console
- Links
- Media kit
||| MENU - pcb007 Magazine
HANZA Revises Financial Targets for 2025
February 15, 2024 | HANZAEstimated reading time: 1 minute
HANZA AB revises the financial targets for 2025. The sales target is raised to SEK 6.5 billion and the 8% operating margin target is increased to apply to the full year 2025. The reason for the revision is significant organic growth, increased profitability and a completed major acquisition. Other financial targets and the dividend policy are left unchanged.
In the fall of 2022, HANZA AB prepared a strategy for the next three years called "HANZA 2025".
In brief, it is based on developing capacity and expertise in existing manufacturing clusters and services. Acquisitions that support this direction are also part of the strategy. The strategy has proven to work well and is left unchanged. However, the financial targets are adjusted as follows.
Background
A significant increase in earnings means that the group already in 2023 exceeds its previous target of "8% by the end of the financial year 2025". Furthermore, the acquisition of Orbit One has resulted in HANZA reaching pro forma sales of SEK 5.2 billion, which exceeds the previous sales target of "SEK 5 billion for the financial year 2025".
Orbit One has a lower operating margin than HANZA, which will lower the HANZA Group's margin in 2024. Furthermore, an ongoing economic slowdown affects the margin negatively. However, HANZA has good experience of integrations and already in 2024, synergies from the merger with Orbit One are expected to lead to an increased margin. Historically, HANZA's business model has proven to generate new market shares even during weaker economic periods, which is why HANZA believes that long-term organic growth will continue. Further complementary acquisitions may also be included in HANZA 2025.
Based on this, the Board of Directors has decided to raise the sales target by 30% to SEK 6.5 billion for year 2025. Additionally, the operating profit target of 8% is increased to apply to the full year 2025 for the group.
Suggested Items
Kimball Electronics Thailand Namlee School
12/26/2024 | Kimball ElectronicsKimball Electronics Thailand (KETL) has continued its commitment to supporting education and community development in Thailand.
Diverging Electrification Goals between Honda and Nissan; Accelerated Resource Integration will be the Top Priority Post-Merger
12/25/2024 | TrendForceHonda and Nissan—two of Japan’s largest automakers—announced on December 23rd, 2024, that they have entered into merger negotiations, with plans to finalize an agreement by June 2025. Mitsubishi Motors is also expected to join the partnership.
Texas Instruments Announces Award Agreement for CHIPS and Science Act Funding
12/25/2024 | Texas InstrumentsTexas Instruments (TI) (Nasdaq: TXN) and the U.S. Department of Commerce today announced an award agreement of up to $1.6 billion in direct funding through the U.S. CHIPS and Science Act, following the preliminary memorandum of terms announced in August 2024.
Market-Comms, VNU Asia Pacific Unite to Drive THECA 2025 as a PCB Industry Game-Changer
12/23/2024 | EINPresswire.comThailand Electronics Circuit Asia (THECA) 2025 has officially announced its event partnership with Market-Comms Co., Ltd. (MCOMMS), No.1 local public relations firm, and VNU Asia Pacific, the designated show manager for the event.
IPC Announces New Training Course: PCB Design for Military & Aerospace Applications
12/23/2024 | IPCIPC announced the launch of a new training course: PCB Design for Military & Aerospace Applications.