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News from Germany

10 July 2017

UNIMICRON will rebuild the inner-layer plant

The first steps for the rebuild are made. Unimicron Germany GmbH (formerly known as RUWEL International), is one of the most important PCB producers in Europe and will invest several million Euros for the rebuild of the new innerlayer plant. The old plant including all machines was completely burned down in the night of December the 28th, 2016. Luckily nobody was injured.

“We have now begun with the demolition of the burned building”, explained Gerard van Dierendonck, CEO of Unimicron Germany GmbH. The whole 8,000 sqm innerlayer plant was destroyed by a fire at the end of 2016, “from beginning of March 2018 we want to start up the production on the same place where we left off”, he described the current planning.

Considerations to rebuild the factory elsewhere could not be implemented due to time constraint. By November this year the new building will be built at exact the same location. Gerard van Dierendonck announced, that “we plan to build the new innerlayer plant with state of the art machines.” It is planned, that mid of November the construction of the building will be completed, from March next year onwards the whole production should be running completely from the production site in Geldern again.

“Due to the fire, our innerlayer (masslam) production was no longer possible. After customer’s approval, we have temporarily shifted the production to our Unimicron plant in Kunshan, China. Since then, all our innerlayers are transported by air” explained the CEO, Gerard van Dierendonck.

“We look forward to the day when the production runs completely from Geldern again”. Customers from the fields of Automotive, Renewable Energy and Industry rely on the quality of the PCBs from Unimicron Germany GmbH.

„We want to keep our standing as one of the leading PCB companies in Europe and we fully rely on our location in Geldern, Germany, where we furthermore are one of the local biggest employers”, Mr. van Dierendonck underlines the importance to invest in the new plant. Until the planned production start there is still much to be done. The demolition and the planning of our new innerlayer plant are running at full speed. During the next months you can follow the progress of the works on the construction site webcam.

 


Schweizer Electronic AG:

• Dividend stable at 0.65 Euro

• Investments of 9 million euro in 2016 for further growth

• Contracts of Management Board Members extended by five years

Shareholders present at Schweizer Electronic AG’s 28th Annual Shareholders‘ Meeting on July 7, 2017 followed the proposal submitted by the Executive and Supervisory Boards and agreed to pay a dividend of 0.65 Euro per share for the fiscal year 2016. This corresponds to a dividend ratio of 45.4% after allocation to the profit reserves. Thus, the dividend of Schweizer Electronic AG remains stable. Furthermore, SCHWEIZER again will have employees participate in the company’s success with a pay-out amounting to 525,000 Euro this year and this way expresses their appreciation for the outstanding contribution. Furthermore, the Supervisory Board of Schweizer Electronic AG extended the period of office of the Management Board members Nicolas Schweizer and Marc Bunz by another five years.

The Shareholders’ Meeting approved the actions of the Managing Board and the Supervisory Board for the year 2016 with a vast majority. Beyond the proposal for paying a dividend, the plenum, which gathered in Rottweil, agreed to all other proposals concerning the election of the Supervisory Board with a vast majority. With about 183 shareholders joining the meeting, 69.24 % of the share capital was represented. In addition, about 40 guests were present.

In their speeches, board members Nicolas Schweizer and Marc Bunz reported on a dynamic fiscal year 2016 where SCHWEIZER managed to stabilise its turnover with a slight increase of 0.5 per-cents to 116.1 million euro, while the global PCB market declined again. Sales of SCHWEIZER’s innovative high technology products boosted by 5 percent and accounted for 55 percent of the total turnover. Moreover, first orders to customers from the aviation sector were carried out in the last fiscal year, contributing to the year-end result. This business is forecasted to grow considerably as the entire aviation sector expects disproportionately high market growth rates in the years to come.

In 2016 the EBITDA according to IFRS (earnings before interest, taxes, depreciation and amortisation) amounted to 9.5 million euro against 11.4 million euro the year before. The EBITDA margin came to 8.2% in 2016 compared to 9.8% in 2015. The EBIT (earnings before interest and taxes) was 1.8 million euro (2015: 3.7 million euro), corresponding to an EBIT margin of 1.6% (2015:

3.2%). With an equity capital of 64.8 million euro corresponding to an equity ratio of 55.1% and net gearing of -1.5 % the company’s financial structures continued to remain on a solid level. substantial new product start-ups with a lower rate of return in the ramp-up phase, disproportionally increasing personal cost as well as a comprehensive investment programme burdened the year end result, which decreased to 0.6 million euro in 2016 (2015: 1.5 million euro). Investments into

fixed assets and software amounted to 9 million euro in 2016. Emphasis of these investments was on the one hand on the elimination of bottlenecks, which had occurred due to the increasing technology requirements of the product portfolio. On the other hand, SCHWEIZER invested strongly into the expansion of its high-technology plants as well as into a combined heat- and power plant on its premises.

For further information please visit our website: www.morethanPCBs.com

 

Change of ownership at Hausermann GmbH in Gars am Kamp

Dear Sir or Madam,

Becoming effective as of June 30, 2017, KSG Leiterplatten GmbH, Gornsdorf acquired 100% of shares of the Austrian Hausermann GmbH in Gars am Kamp.

Both, Hausermann and KSG, belong to the successful and growing companies in European PCB industry. The merger enables us to combine our strengths and to stay a capable and reliable supplier for our customers. Thus, we will be able to even better focus on future technological challenges and to support the growing success of our customers as their strategic partner.

Hauserrnann as well as KSG will remain legally independent companies. The contact persons will stay the same.
We are glad about the decision and look forward to meet the new challenges.

Yours sincerely,

Margret Gleiniger
Chair of the KSG Board of Management

About Hausermann

The Lower Austrian company Hauserrnann GmbH produces PCBs and input systems on a high tech level. The 110 year old company employs about 200 people, who generated an annual turnover of about 27 million in 2016 at the company’s Austrian site in Gars am Kamp. Technological expertise, delivery reliability and flexible reaction to requirements as well as individual technological advice are the reasons for Hausermann being a strong partner for challenging and high quality electronics. Hausermann is also known for its patented HSMtec technology.

Hausermann produces an area of 75.000 sqm of PCBs per year with up to 30 layers

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