English
Due to the global economic downturn caused by the Covid-19 pandemic, Feintool generated sales of 492 million in 2020, 19.1% less than in the previous year in local currency terms. The second half of the year has shown a significant market recovery. Feintool achieved a slightly positive operating result for the financial year 2020.
The System Parts segment, which is active in the parts business, achieved sales of CHF 464 million, a decline of 15.7% in local currency terms. This decline is largely in line with the automotive industry’s market development. The Fineblanking Technology segment, which operates in the capital goods sector, was substantially more affected by the economic slowdown and achieved sales of CHF 44 million, a decline of 40.6% in local currency terms.
system parts of northern wisconsin, they could actually see significant snow from this very same storm system with 8-12 inches expected. that is well off to the north. across the center of the country from texas to nebraska you have a chance to see storms today yesterday and this evening could produce large hail damaging winds and isolated tornadoes. it has been well below average severe weather season in terms of tornado county specially for the month of april. it does look like it could be changing. we expect more severe weather as well across the center of the country as we head into this weekend. temperature wise across parts of the east it has been beautiful as you mentioned, but take a look at the kurr p rent temperatures 36 in chicago. low 40 s in minneapolis and cleveland. you will see a little on the cool side as we head into the afternoon as well. 50 from minneapolis to new york city. let s head over to you. all right maria. thank you. thanks very much. while you were s