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News (5)
Datwyler now offers a free feasibility check for elastomer components. Engineers and developers will receive in-depth feedback on the manufacturability of their products within 24 hours. This fast and competent support early in the development process helps customers save time and money. Datwyler is a leading supplier of high-quality, system-critical elastomer components and draws on state-of-the-art methods and over 100 years of experience.
The Datwyler Group stayed on track for profitable growth during 2018. Net revenue increased by 5.4% to CHF 1'361.6 million. Operating result (EBIT) continued to improve to CHF 170.0 million, and the EBIT margin remained almost unchanged at 12.5% despite significant start-up costs for growth-related projects. Net result amounted to CHF 121.0 million. The Annual General Meeting will be asked to pay an unchanged cash dividend of CHF 3.00 per bearer share. During the 2018 reporting year, Datwyler used its position of strength to set a course for future profitable growth, which included expanding production capacity for high-quality components for the health care market and acquiring two attractive businesses.
On 5 October 2018, Datwyler Group completed the acquisition of Parco Inc., previously announced on 3 September and, as a result, now owns the US company based in Ontario, California.
With its strategic acquisition of the US company Parco, Datwyler is significantly expanding its existing O-ring business and thus adding multiple new industries to the portfolio of its Sealing Solutions division. Strong market positions and state-of-the-art production plants have put Parco on a profitable growth path. Targeted cross-selling will enable Datwyler and Parco to accelerate both companies’ profitable growth.
Press (1)
Novel polymer actuators, sensors and generators convert electrical energy into mechanical work. They are suitable for applications in the automotive, aerospace and aeronautics industries, for example.
Datwyler and CTsystems develop polymer actuators. | August 3, 2018