Phoenix Mecano AG

PMN

Equity

ISIN CH1261338102 / Valor 126133810

SIX Swiss Exchange (2024-09-18)

CHF 430.00%

Phoenix Mecano AG
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About company

erates as a global industrial group specializing in the professional and cost-effective production of niche products and system solutions for various sectors, including mechanical engineering, measurement and control technology, medical technology, aerospace technology, alternative energy, and home and hospital care. Founded in 1975 and listed on the Swiss stock exchange since 1988, the company is structured into three divisions: DewertOkin Technology Group (DOT Group), Industrial Components, and Enclosure Systems. The DOT Group focuses on drive, system, and fittings technology for electrically adjustable comfort and healthcare furniture, while the Industrial Components division offers industrial digitalization and modular automation solutions, and the Enclosure Systems division produces protective enclosures for electronics and electrics. With major production sites and development centers in Germany, Hungary, Tunisia, India, and China, Phoenix Mecano has a global presence and a strong customer base, providing high-quality products and services worldwide.

Summarized from source with an LLMView SourceSector: Technology

Gross Sales

Phoenix Mecano AG reported gross sales of EUR 783.1 million for the fiscal year 2023, reflecting a slight decrease of 1.2% compared to the previous year. This minor decline indicates a relatively stable performance despite challenging market conditions.

Operating Cash Flow

In 2023, Phoenix Mecano AG achieved an operating cash flow (EBITDA) of EUR 85.3 million, which represents 10.9% of sales. This marks an increase of 9.5% from the previous year, showcasing improved operational efficiency and cash generation capabilities.

Operating Result

The operating result for Phoenix Mecano AG in 2023 was EUR 62.1 million, accounting for 7.9% of net operating assets. This result signifies a 15.8% increase from the previous year, indicating enhanced profitability and effective cost management.

Result of the Period

Phoenix Mecano AG reported a result of the period of EUR 45.5 million for 2023, which is 5.8% of equity. This represents a 16.5% increase compared to the previous year, reflecting strong financial performance and growth in net income.

Dividend Proposal

The Board of Directors of Phoenix Mecano AG has proposed a total dividend of CHF 30.00 per share for 2023. This includes an ordinary dividend of CHF 18.00 and a special dividend of CHF 12.00, highlighting the company's robust financial health and commitment to returning value to shareholders.

Summarized from source with an LLMView Source

Key figures

17.2%1Y

-5.39%3Y

5.26%5Y

Performance

24.5%1Y

24.1%3Y

28.3%5Y

Volatility