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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
Fiscal Year Ended Dec. 2010 Change Dec. 2009 Change Dec. 2008
Total Revenue, CHF 160.1 40% 114.4 -56% 262.9
M-T Revenue, CHF 160.1 40% 114.4 -56% 262.9
Net Profit (Loss), CHF (18.1) (29.6) -593% 6.0
U.S. $ Conversion Factor 0.96145 0.92362 0.92644
Total Revenue, U.S. $ 153.9 46% 105.6 -57% 243.6
M-T Revenue, U.S. $ 153.9 46% 105.6 -57% 243.6
Net Profit (Loss), U.S. $ (17.4) (27.3) -591% 5.6
Financial Notes:
Signs cooperation pact with Japanese lathe builder Tsugami 2008; companies exchange  shares. Acquired Almac 2008; specialty machining centers for watchmaking.