The global production volume of printed circuit boards was around USD 78.6 billion in 2022 (2021: around USD 77.4 billion) - a moderate increase of 1.5 percent*. Current forecasts assume annual growth rates in the mid-single-digit range until 2027.
The core business of SCHWEIZER is the production of PCBs and embedding solutions on the basis of customer specifications and requirements. SCHWEIZER accompanies the entire product life cycle from prototype to high-volume production. In addition to the production of custom PCBs in Germany and Asia, SCHWEIZER offers customers comprehensive consulting and services and contributes significantly to solving the current challenges of customers.
Based on continuous innovation and comprehensive know-how, SCHWEIZER addresses today's main megatrends: e-mobility and energy efficiency. To achieve this, SCHWEIZER works together with leading companies in PCB and embedding technology as well as renowned research institutes.
*Source: ZVEI (Nov. 2022)
Mobility and energy efficiency are long-term drivers for the growth of SCHWEIZER. The company has a leading market position here, excellent technologies and products, and long-standing customer relationships.
The SCHWEIZER Group achieved a revenue of EUR 131.0 million in 2022 (previous year: EUR 122.7 million). This corresponds to an increase of 6.8 percent compared to the previous year. Earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to EUR -12.3 million (2021: EUR -8.5 million). The EBITDA ratio was therefore -9.4 percent (2021: -6.9 percent).
SCHWEIZER expects a turnaround of the earnings situation and a significant recovery of the balance sheet structures in 2023. The sale of the majority stake in Schweizer Electronic (Jiangsu) will make a significant contribution to improving the Group's earnings and balance sheet ratios in 2023.
Taking into account the currently known opportunities and risks, further revenue growth of between 2 and 3 percent is expected for 2023. The EBITDA ratio is expected to be in the range of 37 to 40 percent unadjusted and 7 to 9 percent adjusted for the Chinese subsidiary and to deconsolidation effect.
"Corporate governance" is an umbrella term for methods and instruments for managing and monitoring organisations. It denotes a voluntary undertaking to strive towards responsible and sustainable value creation. By signing the corporate governance declaration, we hope to promote trust in our company on the part of national and international investors, business partners, the general public and – last but not least – our own employees.
We are committed to the standards of the German Corporate Governance Code.
Our voluntary corporate governance commitment is implemented through close and efficient cooperation between the Board of Directors and the Board of Management. We also respect shareholder interests and are transparent to all stakeholders thanks to open corporate communication.
Our belief: Openness forms the basis of trust.