Elma with further improved results 2018
CH-Wetzikon, February 25, 2019
- Order income grew by 3.8% to CHF 148.6 million
- Net sales increased by 1.4% to CHF 146.0 million
- Profitability further improved resulting in an EBIT of CHF 7.2 million (previous year: CHF 7.0 million) and a net profit of CHF 5.6 million (previous year: CHF 3.0 million)
- Net debts reduced by 3.3 million to CHF 17.5 million
- Equity ratio increased by 8.2% to 43.8% (31.12.2017: 35.6%)
The positive growth momentum of recent years continued in 2018. Supported by the favorable global economic development, the Elma Group again surpassed the results of the previous year. Elma closes 2018 with an order income at record levels, higher net sales and a significantly increased net profit.
Elma Electronic AG
Fred Ruegg Edwin Wild
CEO Elma Group CFO Elma Group
Tel. +41 44 933 43 04 Tel. +41 44 933 42 45
[email protected] [email protected]
Elma Electronic is a global manufacturer of electronic packaging products for the embedded systems market – from components, backplanes, power supply solutions, storage boards and chassis platforms to fully integrated systems. To ensure our integrated solutions are optimized to our customers’ needs, Elma partners with leading board manufacturers in the industry. Elma also provides enclosure solutions and rotary switches for demanding applications for electronic companies. The company has a broad base of proven standard products which can be tailored to individual applications: Elma offers services from the initial concept to volume production. Elma’s reliable solutions, flexibility, and design expertise are key reasons why the leading companies in the world choose Elma time and again.
This communication contains statements that constitute “forward-looking statements”. In this communication, such forward-looking statements include, without limitation, statements relating to our financial condition, results of operations and business and certain of our strategic plans and objectives. Because these forward-looking statements are subject to risks and uncertainties, actual future results may differ materially from those expressed in or implied by the statements. Many of these risks and uncertainties relate to factors which are beyond Elma’s ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behavior of other market participants, the actions of governmental regulators and other risk factors detailed in Elma’s past and future filings and reports and in past and future filings, press releases, reports and other information posted on Elma Group companies’ websites. Readers are cautioned not to put undue reliance on forward-looking statements, which speak only of the date of this communication. Elma disclaims any intention or obligation to update and revise any forward-looking statements, whether as a result of new information, future events or otherwise.