HUBER+SUHNER organizes second Capital Market Day | 20.09.24

Together with other members of the senior management, CEO Urs Ryffel welcomes more than 40 guests to the location in Herisau. In addition to presentations, participants can meet representatives from the three market segments Industry, Communication and Transport in the newly designed showroom. The company’s products and their applications are demonstrated here. “Our components and system solutions often go unnoticed in everyday life, but they make an indispensable contribution to meeting important human needs such as mobility, communication and security,” says Urs Ryffel. “Connectivity – and thus connecting people – is our mission. We are pleased to introduce our products and applications to the financial community and journalists today, thus providing deeper insights into our world.”

A leading role in technology and innovation, global customer proximity and operational excellence are the pillars that enable the company’s long-term value creation. Thanks to its strong position in many markets and applications, HUBER+SUHNER stands for broad opportunities. The offering – which supports global megatrends such as e-mobility, autonomous driving, urbanization, connectivity, the Internet of Things, artificial intelligence, smart cities and Industry 4.0 – stands out in terms of performance, quality, reliability and efficiency, as the segment managers explain in their presentations.

HUBER+SUHNER’s business activities are always in line with its strong commitment to sustainability, which is reflected in the company’s ambitious goals. In July 2024, the Board of Directors and the Executive Group Management adopted new climate targets and submitted them to the Science Based Targets Initiative (SBTi) for the second time since 2017. By 2030, HUBER+SUHNER aims to reduce absolute emissions by 55% in Scope 1+2 (direct operational emissions) and by 25% in Scope 3 (supply chain emissions).

With regard to profitability development and cash flow generation, CFO Ivo Wechsler points to a steady improvement in recent years. The company wants to continue its income-oriented dividend policy with a sustainable payout ratio. The expectations for the current year’s business remain unchanged. As confirmed at the presentation of the half-year figures for 2024 in August, HUBER+SUHNER still expects slight organic growth and an operating profit margin in the lower half of the medium-term target range of 9-12% for the 2024 financial year.

This press release is also available in German. The German version is binding.

The Capital Market Day 2024 presentation is available here or under “Publications”.