Adval Tech Holding AG

Regulatory Filings • Nov 25, 2013

News Details

Ad-hoc | 25 November 2013 07:00

Adval Tech’s focusing strategy takes shape

Adval Tech’s focusing strategy takes shape
Niederwangen, November 25, 2013, 7.00 a.m. – In implementing its focusing strategy and as part of its global orientation, the Adval Tech Group has decided to use only two sub-brands “Adval Tech Styner+Bienz” and “Adval Tech FOBOHA” in addition to the umbrella brand “Adval Tech” in future. The new brand strategy will also result in some companies being given new names. The relevant preparatory work will be started this year. The Adval Tech Group focuses on selected activities in the metal and plastic components business and on mold making, as stipulated in the focusing strategy introduced in 2012. This year, among other things, the Group amalgamated its Chinese production sites in Suzhou; components production from Xiamen was transferred there, as was mold making from Shanghai. In the Components segment, Adval Tech will in future be focusing on the automotive market and on related applications. Related applications are those that use technologies similar to those for the production of car parts. In mold making, Adval Tech operates primarily in the consumer goods and bodycare products, packaging and medical technology markets and in the automotive industry.
Contact Markus Reber, CFO, phone: +41 31 980 82 70; markus.reber@advaltech.com Background information about the Adval Tech Group Adding value through innovations – that’s what Adval Tech stands for. As a global technology and process partner Adval Tech focuses on the complementary technologies of metal stamping and forming and plastic injection molding. In selected markets in the automotive, medical technology and consumer goods sectors, Adval Tech is a leading global supplier of series parts, subassemblies, systems and tools. As a supplier and value-adding partner, Adval Tech covers the entire value chain: from product design and the development of series parts through construction and production of the necessary tools and molds to entire production systems and the resulting manufacture of components. In mid-2013 the Adval Tech Group had a workforce of 2,117. In 2012 the Group generated total income of CHF 279.6 million. Diary March 2014: Announcement of the results for the 2013 financial year April 29, 2014: Conference for financial analysts and press conference on annual report 2013 April 29, 2014: Publication of the annual report 2013 May 22, 2014: General meeting of shareholders 2014