Adval Tech is well equipped for ongoing coronavirus crisis a

Adval Tech is well equipped for ongoing coronavirus crisis and upheavals in the automotive industry


Adval Tech is well equipped for ongoing coronavirus crisis and upheavals in the automotive industry
Adval Tech Management AG / Key word(s): Annual Results
27-Apr-2021 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.
Niederwangen, April 27, 2021, 7.00 a.m. - With net profit of CHF 4.3 million and EBIT
1) of CHF 6.7 million, the Adval Tech Group performed quite well in the exceptionally difficult 2020 financial year. As already stated on March 26, 2021, the group posted total income
1) of CHF 140.8 million in 2020 (previous year: CHF 178.9 million) and EBITDA
1) of CHF 15.2 million (previous year: CHF 18.4 million). Adval Tech is well equipped to successfully manage the high number of production start-ups in 2021 at the various sites, also under more difficult conditions. At the Annual General Meeting on May 20, 2021, the Board of Directors will propose a dividend of CHF 1.35 per share.

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