Tag: Glattal

  • Dormakaba remains on course for growth

    Dormakaba remains on course for growth

    In the 2021/22 financial year, which ended on June 30, Dormakaba generated net sales of almost 2.76 billion francs, according to the globally active locking technology company from the Glattal in a press release . According to dormakaba’s preliminary and not yet audited key figures, this corresponds to growth of 10.3 percent. Organic growth is estimated at 7.7 percent in the release. The company explains that dormakaba has exceeded its self-imposed target range of 3 to 5 percent.

    The adjusted result at the EBITDA level rose from 362 to 372 million francs year-on-year. At 13.5 percent, the adjusted EBITDA margin was below the target of at least 14.2 percent, dormakaba reports. The company gives the background to inflation accelerated by the war in Ukraine and disruptions in the supply chains.

    According to dormakaba, the latter primarily led to impairments in business with high-margin electronic products. Overall, however, the company can look back on a financial year with good demand. In its own estimation, dormakaba can currently also rely on a good order intake and backlog.

    “While we exceeded our growth targets, we were unable to meet our EBITDA margin guidance in this challenging inflationary environment,” dormakaba CEO Jim-Heng Lee is quoted as saying in the release. “We have therefore raised prices to compensate for further inflationary effects and will continue to do so.” dormakaba will present its detailed annual report on 31 August.

  • Landis AG is a new shareholder in Limmatstadt

    Landis AG is a new shareholder in Limmatstadt

    Landis AG is now involved as a shareholder in the Limmatstadt AG location promotion. The company describes itself on its website as an innovative planning and engineering office with its headquarters in Geroldswil and branch offices in Brüttisellen in the Glattal and in St.Gallen. The offer to customers ranges from infrastructure construction and real estate development, building law and spatial development to municipal engineering.

    On the site promotion website , Managing Director Thomas Brocker is quoted as having a clear regional commitment: “Landis AG is proud to be part of an informal network of partner companies like Limmatstadt AG.” Landis AG wants its customers to be “successful and cooperative The motto of the company, which was founded in 1961 as “Bauingenieurunternehmung Hans Landis AG”, is “Competence through experience and commitment”, Brocker is quoted as saying.

    The company portrait on the website shows how the company has grown since it was founded by Hans Landis in 1961 to become today’s planning and engineering office with around 30 specialists in the various areas of the services offered. Felix Stephan took over Landis AG from Jürg Marti in January 2006 and at the same time became managing director. In April 2009, the engineering company Geser Partner Bauingenieure AG in Wangen-Brüttisellen, which operates in the same segment, was taken over as a 100 percent subsidiary and finally merged into Landis AG in July 2014.

    On April 1, 2019, the then head of the real estate development department, Thomas Brocker, together with the previous management, took over the fortunes of the company, according to the Landis AG website. In October 2020, Landis AG moved to larger premises on Steinhaldenstrasse in Geroldswil.

  • Acquisitions drive Poenina's growth

    Acquisitions drive Poenina's growth

    According to a statement by Poenina Holding AG , the building technology company from the Glattal generated operating income of CHF 383.2 million in the 2021 financial year. In a year-on-year comparison, this corresponds to growth of 26.8 percent. The operating result at EBIT level increased by 41.3 percent to CHF 21.2 million in the same period. A net profit of CHF 16.9 million was booked, which is 34.1 percent more than in 2020.

    In the statement, Poenina states “two inorganic effects” as the background to the development of sales. On the one hand, three acquisitions in the financial year are mentioned here. On the other hand, the merger with Caleira AG in June 2020 had an impact over an entire reporting year for the first time. Poenina attributes the increase in profitability to “continued internal process improvements” and the waning impact of the pandemic.

    In January of this year, Poenina announced the start of merger negotiations with the Burkhalter Group , which specializes in electrical engineering. The background is the Energy Strategy 2050 planned by the federal government. “In the course of the constructive merger talks”, the board of directors is now applying for the implementation of the merger, Poenina informs in the press release. Poenina is to be merged into Burkhalter and Poenina shares are to be exchanged for newly created Burkhalter shares at a ratio of 1 to 0.73. The approval of the general meetings of both companies is still pending.

  • Caleira lets poenina grow

    Caleira lets poenina grow

    According to a message from the poenina Group , the building technology company from Glattal generated operating income of 302.2 million francs in the 2020 financial year. Compared to the previous year, this corresponds to growth of 19.4 percent.

    The merger of poenina with the Caleira Group, which was consolidated at the end of June 2020, is mentioned as the background to the strong growth. Caleira is an amalgamation of twelve companies from seven cantons that specialize in building envelopes and building technology. In 2019, Caleira had a turnover of 112.0 million francs.

    In the top-selling area of sanitary ware, poenina earned 112.4 million francs in the year under review, while the heating and cooling business area earned 88.3 million francs. 38.4 million francs were realized in customer service.

    At 15.0 million francs, poenina's operating result was 1.3 percent lower than in 2019. In contrast, net profit increased by 2.4 percent to CHF 12.6 million. Despite the sharply increased number of shares due to the merger with Caleira, poenina intends to distribute CHF 2.00 per share to the shareholders as in the previous year.

    For the current year, the building technology group is assuming good market conditions in the building construction segment. The group plans to continue its growth strategy, writes poenina. The company also wants to strengthen its presence in Switzerland through further acquisitions.