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Feintool Group Country: Switzerland
Industriering 8, CH-3250 Lyss, Switzerland. Phone: 41-32-387-55-99.
www.feintool.ch Brands: Feintool, Schmid, Hydrel
Listed: Zurich exchange, FTON, Number 932009.
Metalforming presses, specializing in fine-blanking technique for precision-formed parts in automotive, electronics industries. Schmid brand repositioned in 2003 as low-cost brand. Hydrel brand supported in parts.
Values in Millions
Fiscal Year Ended Sep. 2011 Change Sep. 2010 Change Sep. 2009
Total Revenue, Swiss francs 360.2 7% 337.9 0% 338.2
M-T Revenue, CHF 339.8 12% 302.6 19% 254.4
Net Profit (Loss), CHF 12.1 (10.3) (47.7)
U.S. $ Conversion Factor 1.11450 0.94949 0.89490
Total Revenue, U.S. $ 401.4 25% 320.8 6% 302.7
M-T Revenue, U.S. $ 378.7 32% 287.3 26% 227.7
Net Profit (Loss), U.S. $ 13.5 (9.8) (42.7)
Financial Notes:
Machine-tool revenue' includes the Fineblanking Technology Segment and the System Parts Segment. Additional sales from Automation Segment. Following takeover bid, Artemis Beteilgungen III A.G. is majority shareholder, holding 81% of equity, and by May 2011 founding family essentially exits. As of Jan. 2012, fiscal year will coincide w/calendar year.  Baltec Riveting Machine subsidiary (annual sales CHF 20-million) sold March 2011. Afag unit, builder of components for assembly automation, sold June 2011 to Schaeff Group. 2011 and 2010 results are restated to reflect ongoing operations (less Afag and BalTec).