KEY FACTS AT A GLANCE

Net sales

in CHF milllion

2023

851.1

2022

954.6

Order intake

in CHF milllion

2023

821.4

2022

975.4

EBIT margin

2023

9.1 %

2022

10.8 %

Net income

in CHF milllion

2023

64.8

2022

85.2

EBIT

in CHF million

2023

77.6

2022

103.2

Employees worldwide

2023

4,109

2022

4,469

Order intake

Net sales

In CHF million

Organic decline of 6.3 % in net sales after record high of previous year – book-to-bill rate of 0.97

Cash flow from operating activities of CHF 116 million – increase in net liquidity despite high investments

EBIT Margin

2022

2023

At 9.1 %, EBIT margin remains within the medium-term target range

Slower momentum in Industry – marked drop in volumes in Communication – turnaround in Transportation confirmed by profitable growth

Net income

In CHF million

Net income margin of 7.6 % – dividend of CHF 1.70 proposed

Growth initiatives make positive contribution overall

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LETTER TO SHAREHOLDERS

HUBER+SUHNER maintains solid EBIT margin despite the marked decline in the communications market

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MARKET SEGMENTS

Each of the three market segments is characterised by a strong focus on the respective main market industrial, communication, transportation and is divided into the areas of Sales, Strategy and Business Development, and Technology and Operations.

BRIDGING TECHNOLOGIES - THREE TECHNOLOGIES FROM A SINGLE SOURCE

HUBER+SUHNER is unique in that it combines strong expertise in all three technologies relevant to the transmission of data and energy under a single roof. Combining these technologies is an important factor in the success of our company. When developing customised solutions, our engineers often work closely with customers and support projects as partners and experts from start to finish.

CUSTOMER STORIES

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RBSL support for Boxer MIV programme strengthens British Army AND INDUSTRY IN THE uk

United Kingdom-based defense engineering company Rheinmetall BAE Systems Land (RBSL) plays a key role in the United Kingdom (UK) Ministry of Defence (MoD) Mechanised Infantry Vehicle (MIV) programme.

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ProSiebenSat.1 New Campus equipped with state-of-the-art data center

On 26,444 square metres, ProSiebenSat.1’s New Campus in Unterföhring, Germany will be “home” to 1,700 employees in 2024. Its future-ready data center ensures computer services and broadcasting capacity with highest energy efficiency.

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Transforming public transport worldwide with fast-charging e-buses

Swiss-based, family-owned HESS – with nearly 900 employees, more than 500 of whom are in Switzerland – has made its mark in the bus and e-bus production industry, thanks to its highly customised approach. Today, HESS buses are fully electric and have a life span of at least 20 years. This medium-sized company, together with its international licensees, currently produces around 2,400 buses annually.

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THE HUBER+SUHNER GROUP IN BRIEF

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FUNDAMENTALS

To be connected is a prerequisite for the functioning of our society. With our connectivity solutions, we help our customers to bring people closer together. Today and beyond.

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Non-financial report 2023

For HUBER+SUHNER, sustainability is an integral part of business. It drives financial performance, especially in the medium and long term. And it allows us to detect risks and opportunities early and improve the company’s resilience in a changing world.

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Learn about our latest financial performance

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Archive

Find reports and documents from previous years

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Contact

Email us for any questions or requests

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