Annual Report 2021

Elma grows, increases net profit and proposes dividend payment

Elma grows, increases net profit and proposes dividend payment

The Elma Group increases order income, net sales, operating and net profit in the business year 2021 and resumes dividend payment. 

  • Order income of CHF 160.3 million increased by 5.3% adjusted for currency effects (previous year: CHF 153.3 million)
  • Net sales of CHF 149.3 million improved by 2.5% adjusted for currency effects (previous year: CHF 147.0 million)
  • EBIT increased to CHF 9.1 million (previous year: CHF 6.6 million) due to operational improvements in the USA and strong output in Asia and Switzerland
  • Net profit improved to CHF 7.5 million (previous year: CHF 5.6 million) despite higher tax charges
  • All three regions made a positive profit contribution 
  • Repayment of bank liabilities led to lower net debts of CHF 14.3 million (previous year: CHF 16.9 million)
  • Equity ratio further improved to 51.8% (December 31, 2020: 46.4%)
  • Board of Directors proposes the Annual General Meeting a dividend payment for the first time since 2008 of CHF 2.00 per share 
  • Election of Bruno Cathomen as fifth member of the Board of Directors proposed
  • Four Military & Aerospace Engineering Technology Innovation Awards received

 

 

 

Elma Electronic had a successful 2021 business year. The Group increased order income, net sales, operating and net profit and resumes dividend payment. CEO Thomas Herrmann reflects on the business development in 2021.

Editorial: CEO Thomas Herrmann on the business development 2021

CEO Thomas Herrmann on the business development 2021

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