Fineblanking Technology News Today

Ad hoc announcement pursuant to Art. 53 LR Feintool achieved sales of CHF 450.0 million and a positive operating result (EBIT) of...

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 ...