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Tornos S.A. Country: Switzerland
111, rue Industrielle, 2740 Moutier, Switzerland. Phone 41-32-494-4444.
www.tornos.ch Brands: Tornos
Listed: SWX Swiss Stock Exchange, TOHN
Traces to 1880 invention, in Moutier, of Swiss-type (sliding-headstock) automatic lathe for watch parts. Has delivered 100,000+ of those machines. Now specializes in cam-controlled and CNC automatics and other lathes with single- or multiple-spindle designs. Export ratio 90%. U.S. subsidiary and tech center near Chicago.
Values in Millions
prelim
Fiscal Year Ended Dec. 2009 Change Dec. 2008 Change Dec. 2007
Total Revenue, CHF 114.4 -56% 262.9 -9% 287.4
M-T Revenue, CHF 114.4 -56% 262.9 -9% 287.4
Net Profit (Loss), CHF na 6.0 -83% 35.1
U.S. $ Conversion Factor 0.92362 0.92644 0.83424
Total Revenue, U.S. $ 105.7 -57% 243.6 2% 239.8
M-T Revenue, U.S. $ 105.7 -57% 243.6 2% 239.8
Net Profit (Loss), U.S. $ na 5.6 -81% 29.3
Financial Notes:
Signs cooperation pact with Japanese lathe builder Tsugami February 2008; companies exchange 1,000 shares.