Schweizer Electronic AG

SCE

Equity

ISIN DE0005156236 / Valor 1218002

Xetra (2024-11-21)

EUR 3.22-3.01%

Schweizer Electronic AG
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About company

Schweizer Electronic AG is a leading company in Europe specializing in on-track automated protection systems for busy railways, serving both passenger and freight lines. In addition to railway automation and high-availability radio systems, the company offers a diverse range of products tailored to meet market demands. Through continuous expansion of expertise and close collaboration with customers, Schweizer Electronic AG delivers cutting-edge solutions that prioritize economic efficiency, reliability, and environmental sustainability. Their products are designed to be cost-effective, environmentally friendly, and in line with industry standards and market needs.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

Schweizer Electronic AG reported a revenue of 139.4 million euros for the fiscal year 2023, marking a 6.4% increase compared to the previous year's revenue of 131.0 million euros. This growth was primarily driven by a strong performance in the fourth quarter.

EBITDA Performance

The company achieved an EBITDA of 47.4 million euros in 2023, significantly up from the previous year's negative EBITDA of -12.3 million euros. This improvement was largely due to high earnings from the deconsolidation of Schweizer Electronic (Jiangsu) Co., Ltd., China.

Automotive Sector Contribution

Schweizer Electronic AG's revenue from automotive customers reached 98.9 million euros in 2023, representing a 12.6% increase from the previous year. The automotive sector accounted for 71.0% of the total revenue, reflecting the sector's recovery from previous supply chain disruptions.

Equity and Debt Ratios

Following the sale of majority shares in Schweizer Electronic (Jiangsu) Co., Ltd., China, the company's equity ratio improved significantly to 24.3% as of December 31, 2023, from -5.5% the previous year. Additionally, the net debt ratio decreased to 64.2%.

2024 Outlook

For the year 2024, Schweizer Electronic AG projects a revenue range of 140 to 150 million euros, anticipating another record year. The company expects the EBITDA to be between 10 and 11 million euros, driven by the ramp-up of major automotive projects and the strategic focus on technology and market diversification.

Summarized from source with an LLMView Source

Key figures

-55.9%1Y

-69.0%3Y

-76.8%5Y

Performance

38.1%1Y

52.2%3Y

54.4%5Y

Volatility