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foundry-planet.com - B2B Portal: Significant profitability increase, further step towards 2025 targets

• Sales rose 7.4% to CHF 1 971 million, corresponding to an organic growth of 11.1% thanks to GF s strong market
position in all three divisions
• Operating result increased 26.9% to CHF 179 million, with a significant increase of the EBIT margin to 9.1%
• Well-balanced global footprint pays off with strong organic sales in the US (+25.5%) and Europe (+11.7%)
• Business in China started to recover as COVID-19 lockdowns ease
• Supply chain disruptions impact business, but are mitigated thanks to localized production
• Implementation of Strategy 2025 well on track; strong focus on customer value
....

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