The global production volume of printed circuit boards was around USD 91 billion in 2021 (2020: around USD 81 billion) - an increase of around 12 percent. Current forecasts assume annual growth rates in the mid-single-digit range until 2025.
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 SCHWEIZER Group achieved sales of EUR 122.7 million in 2021 (previous year: EUR 98.3 million). This corresponds to an increase of almost 25 percent over the previous year, made possible by significant gains in market share. This growth trend is underpinned by an order intake in 2021 of EUR 175.2 million (previous year: EUR 78.4 million). Earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to EUR -8.5 million (2020: EUR -9.5 million). The EBITDA ratio improved compared to the previous year to -6.9 percent (2020: -9.7 percent).
The development for 2022 is difficult to assess due to the geopolitical situation. Despite the very high order backlog, there is a great deal of uncertainty. Taking into account the currently known opportunities and risks, the Executive Board expects further sales growth of between +5 and +15 percent for 2022. The EBITDA ratio is expected to be between -8 and -4 percent.
"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.