The global PCB market in 2020 was around USD 74 billion (2019: USD 75.9 billion). After a decline compared to 2019, current forecasts predict market growth again in the medium term.
The core business of SCHWEIZER is the production of PCBs and embedding solutions on the basis of customers' specifications and wishes. SCHWEIZER helps with the entire product life cycle, from the prototype up to high-volume production. In addition to the production of custom PCBs, SCHWEIZER offers customers an extensive consulting and services portfolio.
Based on continuous innovation and comprehensive know-how, SCHWEIZER addresses today's main mega-trends: E-mobility and energy efficiency. SCHWEIZER works with leading companies in the PCB and embedding technology sector and with renowned technical institutes.
Mobility and energy efficiency are long-term drivers for the growth of SCHWEIZER. In its core sector of electronics, the company has a leading market position, excellent technologies and products, and long-term customer relationships that can also be utilised, in the future, for the "Systems" sector.
The pessimistic forecast for the financial year 2020 due to the COVID-19 pandemic was exceeded with a turnover of EUR 98.3 million (forecast: EUR 87 to 93 million). The consolidated EBITDA (earnings before interest, taxes, depreciation and amortisation) amounted to EUR -9.5 million, which was in line with expectations (forecast: EUR -7 to -11 million).
The Company expects sales growth of between 20 and 30 percent in the year 2021 and a significant improvement in the EBITDA ratio to -5 to -10 percent in terms of sales.
"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.