Marcy’s Musings: Operating Without a Rulebook
It’s Only Common Sense: Hire for Hunger, Train for Skill
Dan’s Biz Bookshelf: ‘The 'NVIDIA Way: Jensen Huang and the Making of a Tech Giant’
SCHWEIZER Posts Adjusted Outlook for 2024
July 15, 2024 | SCHWEIZEREstimated reading time: 1 minute
Based on the preliminary financial results of the SCHWEIZER Group for the first half of 2024, the Executive Board has adjusted the forecast for the 2024 financial year.
The sales forecast of EUR 140 to 150 million can be maintained unchanged due to the successful start of large-scale production of the embedding technology. The technology, which is used in hybrid drive vehicles, is benefiting significantly from the weak de-mand for battery electric vehicles.
On the other hand, SCHWEIZER is affected by the current difficult overall economic situation in the German economy, particularly in the German automotive industry. As a result, capacity utilization at the plant in Schramberg (Germany) has deteriorated noticeably. As a result, we expect EBITDA (earnings before interest, taxes, depreciation and amortization) of EUR 2 to 5 million (previously EUR 10 to 11 million) for 2024. Although the trading business with our Asian partners is developing positively, these earnings contributions could not fully compensate for the losses at the German plant.
The weaker earnings forecast also has an impact on the expected equity ratio. We are now forecasting an equity ratio of 20 to 25 percent (previously 25 to 28 percent).
The management has immediately initiated a program to improve earnings in order to take account of the capacity utilization situation at the plant in Schramberg. We expect the measures to begin to take effect in the coming months.
The Executive Board expects sales revenue of around EUR 74 million for the first half of 2024 (H1 2023: EUR 68.7 million). The calculation of the other key figures has not yet been finalized. However, due to the weak second quarter, it can be expected that EBITDA will amount to EUR 0 to 1 million for the first half of the year.
Share on:
Testimonial
"Advertising in PCB007 Magazine has been a great way to showcase our bare board testers to the right audience. The I-Connect007 team makes the process smooth and professional. We’re proud to be featured in such a trusted publication."
Klaus Koziol - atgSuggested Items
AGC's Advanced PCB Material Solutions
04/17/2026 | Real Time with... APEX EXPOAGC's line includes advanced PCB materials for critical industries such as aerospace, defense, and medical. This interview highlights their commitment to North American sourcing, offering solutions to today's challenges. AGC provides specialized automotive PCB materials including fastRise, a low-loss non-reinforced prepreg designed for high-frequency applications like 77 GHz radar.
Indium Faces Complex Soldering Head On
04/17/2026 | Real Time with... APEX EXPOKevin Brennan of Indium Corporation discusses the complexities of soldering diverse component sizes on high-performance computing boards. He introduces DuraFuse LT solder paste, a novel solution designed to address challenges like uneven heating and warpage during reflow. This innovative alloy enables a wider operational window, reducing peak temperatures and enhancing product reliability without requiring board redesign.
Driving Precision: All4-PCB’s Push for Smarter Inspection and Better Boards
04/17/2026 | Real Time with... APEX EXPOAt APEX EXPO 2026, all4-PCB's booth stayed busy until the very end. In this interview, Managing Director Ralph Jacobo highlights what he sees as strong market momentum in North America driven by increased demand for advanced PCB manufacturing technologies. He emphasizes investments in multilayer lamination, propelled by AI infrastructure, aerospace, and HDI complexity, where precision and uniformity are critical.
At KYZEN, Cleaning is All About Reliability
04/17/2026 | Real Time with... APEX EXPOJason Schwartz discusses KYZEN's advanced cleaning solutions for PCB assembly with Dan Beaulieu at APEX EXPO 2026. KYZEN has a 35-year legacy in defluxing, innovative real-time process control, and commitment to ensuring electronic reliability. How KYZEN partners with manufacturers through process audits and lab testing to maintain optimal cleaning standards is part of this conversation.
ESD Alliance Reports Electronic System Design Industry Posts $5.5 Billion in Revenue in Q4 2025
04/15/2026 | SEMIElectronic System Design (ESD) industry revenue increased 10.3% to $5,466.3 million in the fourth quarter of 2025 from the $4,955.2 million registered in the fourth quarter of 2024, the ESD Alliance, a SEMI Technology Community, announced today in its latest Electronic Design Market Data (EDMD) report.