First-time consolidation of acquired QSR (8 months) and Xinhui (10 months) leads to a 21.4 % revenue growth
Organic revenue growth of 10.4% after adjustment for negative currency effects and acquisitions
Decline in profitability due to a strong input cost increase and delayed effect of implemented price increases
Reported EBIT of CHF 149.2 million and a 13.0% EBIT margin
Negative one-off effects from the fair value adjustments in the acquisition balance sheets and the provisional closure of the Ukrainian subsidiary totaling some CHF
7.5 million which leads to an adjusted EBIT margin of 13.6%
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Dätwyler Holding AG published this content on 09 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 February 2023 03:51:08 UTC.
Daetwyler Holding AG is a Switzerland-based industrial supplier of system-critical elastomer and electronic components for healthcare, mobility, connectivity, general industry, and food & beverages industry. The Company operates through two divisions. The Healthcare Solutions division offers system-critical components for containers and delivery systems for injectable drugs and diagnostics in the pharmaceutical and medical markets. Business Area Industrial Solutions manufactures system-critical components for applications in the Mobility, Connectors, General Industry and Food & Beverage markets. Manufacturing and distribution companies are mainly located in Germany, Italy, China, and the USA.