SFS Group AG
SIX:SFSN

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SFS Group AG
SIX:SFSN
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Price: 107.8 CHF 0.37% Market Closed
Market Cap: 4.2B CHF

SFS Group AG
Investor Relations

SFS Group AG, a Swiss powerhouse with roots tracing back to the early 20th century, has established itself as a formidable player in the fasteners and precision components sector. The company's journey began humbly in Switzerland, crafting elements vital for construction and industrial purposes. Over the years, SFS expanded its repertoire, diving deep into the intricate arenas of automotive, aerospace, and medical technology sectors. At its core, SFS Group specializes in the design and production of high-quality mechanical fastening systems, engineered components, and logistics services. These offerings align well with industries that demand precision and reliability, ensuring SFS's products remain integral to the production processes of their clients.

How does SFS make its mark and, subsequently, its revenue? It’s a mix of innovation and strategic positioning. As industries evolve, SFS remains at the forefront by investing heavily in R&D to create solutions that not only meet but often anticipate the unique demands of its customers. This approach has fostered long-term partnerships with key players across diverse sectors, creating a steady stream of both project-specific and recurring revenue. By nurturing a network of global manufacturing sites and sales offices, SFS ensures responsiveness and agility, making it an indispensable component of its customer's supply chains. The company's financial strength, rooted in its ability to consistently deliver complex, high-performance components and systems, showcases its prowess as not just a supplier, but a vital collaborator across industries.

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Last Earnings Call
Fiscal Period
Q4 2021
Call Date
Mar 4, 2022
AI Summary
Q4 2021

Record Results: SFS Group delivered record full-year 2021 results, with sales up 11% to CHF 1.893 billion and strong contributions from all segments.

Profitability: High capacity utilization and prudent cost management resulted in an EBIT margin of 15.9% and an EBITDA margin of 21.5%.

Cash Generation: Free cash flow reached CHF 203 million, with a cash conversion of 50%.

Hoffmann Acquisition: The acquisition of Hoffmann is expected to close in the first half of 2022 and will have a positive impact on earnings per share from the first year.

Guidance 2022: For 2022, SFS expects standalone sales growth of 3% to 6% and an EBIT margin of 13% to 16%, with guidance to be updated after the Hoffmann closing.

Ongoing Challenges: Management highlighted persistent supply chain disruptions, inflationary pressures, and geopolitical uncertainties, but expects improvements in the second half of 2022.

Key Financials
Sales
CHF 1.893 billion
EBIT
CHF 301.7 million
EBIT Margin
15.9%
EBITDA
CHF 407.1 million
EBITDA Margin
21.5%
Free Cash Flow
CHF 203 million
Net Cash Position
CHF 279 million
CapEx
CHF 121.4 million
Dividend per Share
CHF 2.20
Equity Ratio
78.9%
Return on Capital Employed
26.1%
Return on Invested Capital
11.2%
Effective Tax Rate
17.8%
Engineered Components Sales
CHF 975.2 million
Engineered Components EBIT Margin
17.1%
Fastening Systems Sales
CHF 574.9 million
Fastening Systems EBIT Margin
17.4%
Distribution & Logistics Sales
CHF 343 million
Distribution & Logistics EBIT Margin
9.4%
Earnings Call Recording
Other Earnings Calls
2021

Management

Mr. Jens Breu
Chairman of the Executive Board & CEO
No Bio Available
Mr. Volker Dostmann
CFO & Member of Executive Board
No Bio Available
Mr. Arthur Blank
Head of Construction Division, Chief Human Resources Officer & Member of Group Executive Board
No Bio Available
Mr. Walter Kobler
Head of Medical & Industrial Division and Member of Executive Board
No Bio Available
Mr. Seng Poo Poh
Head of Electronics Division & Member of Group Executive Board
No Bio Available
Mr. Alfred Schneider
Head of Automotive Division & Member of Group Executive Board
No Bio Available
Mr. Urs Langenauer
Head of Riveting Division & Member of Global Executive Board
No Bio Available
Mr. Iso Raunjak
Head of Division Distribution & Logistics Switzerland and Member of Group Executive Board
No Bio Available
Mr. Martin Reichenecker
Head of Division Distribution & Logistics International and Member of Group Executive Board
No Bio Available
Mr. Thomas Jung
Head of Construction Division & Member of Group Executive Board
No Bio Available

Contacts

Address
ST. GALLEN
Heerbrugg
Rosenbergsaustrasse 8
Contacts
+41717275151.0
www.sfs.biz