-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueEngineering 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.
Technology Roadmaps
In this issue of PCB007 Magazine, we discuss technology roadmaps and what they mean for our businesses, providing context to the all-important question: What is my company’s technology roadmap?
- 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
GPV Completes Factory Re-Layout in Thailand
12/12/2024 | GPVIn mid-December 2024, our team in Thailand completed the re-layout activities of our refurbished, former mechanics factory in Thailand. The electronics factory is now 22,000 sqm.
How Printed Circuit Boards Power Our Everyday Gadgets
12/12/2024 | PRNewswireAccording to the latest study from BCC Research, the demand for Printed Circuit Boards: Technologies and Global Markets was valued at $67.9 billion in 2023 and is projected to grow from $70.9 billion in 2024 to $92.4 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.4% from 2024 through 2029.
Battery Prices Stabilize in November, Slight Increase Expected in 2025
12/12/2024 | TrendForceTrendForce’s latest research reveals that China's EV sales continued to grow throughout November 2024, driving demand for EV batteries. LFP battery prices remained stable, while prices for ternary batteries saw a slight decline.
Taiwanese PCB Industry Witnessed Steady Growth of 9.6% in Q3 2024
12/12/2024 | TPCAThe global output value of Taiwanese circuit board enterprises demonstrated steady growth in the third quarter of 2024, reaching NT$227.1 billion, a year-over-year increase of 9.6%.
EIPC Technical Snapshot: Factors Driving the Fluctuating Demand for PCBs
12/11/2024 | Pete Starkey, I-Connect007EIPC continued its series of online Technical Snapshots with a webinar on Nov. 21 presented by Dr. Hayao Nakahara of N.T. Information Ltd, who summarised world PCB production and shared his vision of the market over the next five years. With information gathered from many sources, Nakahara examined factors driving the increasing demand for printed circuit boards.