09/13/2021 | Press release | Distributed by Public on 09/13/2021 09:44
Strong increase in order intake - Double-digit net sales growth of 12.7 % - EBIT margin of 12.2 %, above the medium-term target range - Net income doubled - Book-to-bill rate 1.16 - Strong growth and high profitability in Industry; Communication with leap in EBIT; growth in net sales in Transportation - Consistent alignment of the organisation to market segments successfully implemented
HUBER+SUHNER announces the acquisition of ROADMap Systems Ltd., a technology start-up located in Cambridge, UK, through an asset deal. The company is developing the next generation of highly integrated wavelength-selective switch technology and will be integrated into the Communication segment.
HUBER+SUHNER has launched SYLFA HD, a new front access solution to its comprehensive portfolio of scalable fiber management systems. With a unique, versatile modular connectivity platform, SYLFA HD provides a space-saving structured cabling alternative for WAN/Access network, central office and data center customers that is easy to install and manage.
Order intake and net sales below previous year due to pandemic - Investments in the future at a record high - EBIT margin of 8.3 % within medium-term target range despite lower net sales - Significantly improved profitability in the second half-year - New alignment by market segments strengthens market orientation