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Change Today -0.70 / -3.31%
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As of 1:15 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

schweizer electronic ag (SCE) Snapshot

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06/30/14 - €26.15
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schweizer electronic ag (SCE) Details

Schweizer Electronic AG manufactures and sells printed circuit boards (PCB) worldwide. It operates in three divisions: Electronic, Systems, and Energy. It provides printed circuit boards, including thick copper boards; power combi boards; Wirelaid, a wire-writing technology for high-current applications; IMS boards for heat dissipation; inlay boards for currents and heat dissipation; and water boards for integrated water cooling. The company also offers embedding products and solutions, including integrated interposer board for the embedding of logic semiconductors; power PCB pack for use in power electronic solutions with 3 phase drives; cavity board for various solutions, where deeper contact surfaces are required for SMD and bonding processes; and µ thin, µ pitch board for smallest, thinnest, and multi-chip semiconductor packages respectively modules with direct pad contacting. It provides printed circuit boards primarily for automotive and industry sectors; and solar industry, as well as for control electronics, motor drives, DC/DC and AC/DC converters, consumer and mobile, semiconductor housing, and sports applications. The company was founded in 1849 and is headquartered in Schramberg, Germany. Schweizer Electronic AG operates as a subsidiary of Family Schweizer.

Founded in 1849

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schweizer electronic ag (SCE) Key Developments

Schweizer Electronic AG Announces Earnings Results for the First Half Ended June 30, 2014; Revises Earnings Guidance for the Fiscal Year 2014

Schweizer Electronic AG announced earnings results for the first half ended June 30, 2014. For the period, the company's revenues boosted by 13% to EUR 55.3 million compared with EUR 48.9 million a year ago. Net profit as well increased by 13% amounting to EUR 2.7 million compared with compared with EUR 2.4 million a year ago. This is equivalent to earnings per share of EUR 0.72 against EUR 0.63 a year ago. Earnings before interest and tax (EBIT) also showed a very positive development rising 24% to EUR 4.7 million compared with EUR 3.8 million a year ago. The company now expects revenues to climb by 7% in the fiscal year 2014, which is the upper end of its previous forecast. Net profit is expected to develop accordingly.

Schweizer Electronic AG Approves Dividend for the Fiscal 2013; Approves Election of Christian Schmid to the Supervisory Board

Schweizer Electronic AG announced that the Annual Meeting of shareholders of the company was held on July 4, 2014, has agreed to pay a dividend of EUR 0.60 per share for the fiscal year 2013. The company shareholders also approved the election of Christian Schmid to the Supervisory Board of the company.

WUS and Schweizer Electronic Announce Agreement for Production of HF PCBs

WUS Printed Circuits Co. Ltd. and Schweizer Electronic AG have concluded a long-term agreement on the cooperation for the production of High Frequency Printed Circuit Boards, or HF PCBs, for the automotive and industrial market. Due to the increasing global demand for specific base materials and hybrid assemblies, the market for HF PCBs is growing at a fast pace, urging industry players to join forces in order to provide their customer with the desired quantities. HF PCBs are required for applications such as adaptive cruise control and lane change assistance, thus enabling autonomous driving in the future. With a global market share of around 30% SCHWEIZER is one of the market leaders in the segment of automotive HF PCBs. By partnering up with WUS, SCHWEIZER is able to refer to extended production capacities in order to expand its market position. Customers will benefit from their established and successful interfaces with SCHWEIZER and a targeted and quick technology transfer from Schramberg to Kunshan securing a second source in case of supply shortages.


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