Schweizer Electronic AG

Latest Results (09.11.2025):

Schweizer Electronic AG’s annual report for 2023 highlights a robust performance driven by a strong fourth quarter. The company posted a turnover increase to EUR 139.4 million, and an EBITDA of EUR 47.4 million—boosted notably by deconsolidation gains. Overall, these results not only reflect an improved operating performance compared to 2022, but also set an optimistic tone for the outlook in 2024.

Earnings Performance

Schweizer Electronic AG achieved an EBITDA of EUR 47.4 million (34.0% EBITDA ratio) in 2023, marking a significant turnaround from losses in the previous year. The adjusted EBITDA of EUR +8.9 million further underscores the impact of the positive deconsolidation effects and underlying operational improvements.

Sales Growth

The company recorded sales of EUR 139.4 million in 2023, up 6.4% from 2022. This increase was driven by a strong fourth quarter and robust growth in key segments, including a 12.6% rise in sales to automotive customers, which now constitute 71% of total sales. Additionally, sales from strategic partners surged by 18% to EUR 45.6 million.

Balance Sheet & Financial Health

The sale of the majority stake in Schweizer Electronic (Jiangsu) Co., Ltd., China significantly bolstered the Group’s equity ratio to 24.3% and reduced the net gearing ratio to 64.2%, marking an important improvement in the company’s financial structure.

Outlook for 2024

Looking ahead, Schweizer Electronic AG remains optimistic for 2024, expecting record sales between EUR 140 million and EUR 150 million, supported by major projects in the automotive sector. The earnings forecast anticipates an adjusted EBITDA increase to between EUR +10 and +11 million on a continuing basis.