Datwyler assumes that the ongoing Russian war of aggression in Ukraine will continue to cause a great deal of uncertainty, low visibility, tighter supplies, and high prices for upstream products globally in the second half. On top of that comes the feared shortage of natural gas and electricity in Europe, which will lead to considerably higher costs. The Datwyler plants themselves have only a minor direct dependency on Russian natural gas, but there may be indirect impacts through customers and suppliers.
Assuming an orderly supply of energy, the situation in the markets relevant to Datwyler is varied. In the Connectors, General Industry, and Food & Beverage business units, the company assumes the trend in demand will stay positive. The Mobility business unit should benefit from increased car production in the second half as well, according to independent forecasts. Even so, global car industry production in 2022 will still be at least 10% below the pre-pandemic level. In its Healthcare business, Datwyler anticipates slowing growth, and hence a temporary negative change in the product mix, as a result of declining revenues from components for COVID vaccines. This, together with the costs of implementing the growth strategy, is dampening the potential for the EBIT margin for the company as a whole, despite the price increases successfully implemented in all business units. For the full year 2022, Datwyler, including the QSR and Yantai Xinhui Packing acquisitions, continues to aim for revenue between CHF 1'150 million and CHF 1'200 million and an EBIT margin of between 13% and 16%.