Feintool International Management AG

Sowohl Verantwortliche der lokalen Behörden, den Vizekonsul der Schweizer Botschaft in Shanghai Anna Mattei sowie chinesische und internationale Kunden wurden von der Feintool-Geschäftsleitung und der lokalen Feintool-Crew unter der Leitung von George Honegger in den neuen Räumlichkeiten auf ca. 2000 m2 begrüsst. Die insgesamt über 100 Gäste aus ganz Asien erlebten eine traditionelle Zeremonie.

With an additional cash inflow of CHF 33 million for investment, further major orders from premium manufacturers and new development projects, Feintool can look back on an encouraging business performance in the first half of 2013. The long-term strategy of concentrating on fineblanking and forming, coupled with continued internationalization and technical innovation, was systematically continued. In the period from 1 January to 30 June 2013, Feintool increased its net sales by 14.7 percent on a year-on-year basis to CHF 225 million. EBITDA rose 3.5 percent in the same period to CHF 22.4 million. Thanks to the capital increase, the equity ratio improved to 42.8 percent.

Feintool increased its sales by 15.4 percent year-on-year in the first nine months of the current financial year to CHF 310.5 million. Excluding the effects of the acquisition of forming specialist Herzing + Schroth and the disposal of IMA Automation Berlin, sales growth amounted to 8.7 percent. Due to the weaker economic situation in Europe, orders received fell by 7.4 percent to CHF 297.2 million in the same period. Including the acquisition, orders in hand were up 9.8 percent at CHF 206.5 million.

At EuroBLECH, Feintool Technologie AG will be showcasing newly developed removal systems for its fineblanking presses. Several different solutions, which are integrated into tools or machines, ensure the rapid outfeeding of parts without any damage to the functional or visible surfaces. Transferring parts to downstream processing the right way round increases the automation level of the overall process. And as less noise is generated than with air expulsion techniques and no oil mist is formed, users can also meet the increasing legal and environmental requirements.

Blanking is a shearing process used in a wide range of manufacturing sectors, from the automotive industry to medical technology. A special form of blanking is fineblanking, an advanced technology where there is no fracture zone when shearing. Compared to conventional blanking, there are several advantages, including superior precision, excellent dimensional control, perfect repeatability though a production run, parts with clean, right-angled cut surfaces, and little need to machine details. The world market leader in this high-tech processing method is Feintool Technologie AG. Providing its customers with the deciding difference, the Swiss company is the only global supplier that covers the entire value chain in fineblanking, from engineering to tool design through to serial production.

Feintool successfully maintained its position against a challenging global economic backdrop. The long-term strategy of concentrating on fineblanking and forming, coupled with expansion in Asia and innovation-led projects, was systematically continued. In the 1 January to 30 June 2012 period, Feintool increased its net sales by 10.5 percent on a year-on-year basis to more than CHF 196 million.

Feintool Technologie AG is presenting fineblanking as an end-to-end process at this year’s EuroBLECH. The centrepiece is its FEINspeed X-TRA servo-hydraulic fineblanking press with integrated ejector system and stock feeder. The technology and global market leader will be exhibiting end-to-end peripheral systems that are designed to be fully compatible with its high-performance, energy-efficient presses.

Feintool has significantly strengthened its position in the market for sophisticated fineblanking and forming technology by acquiring the German group Herzing+Schroth. Metal forming specialists Herzing+Schroth will enable Feintool to further increase the technological potential with related process. The industrial Group is increasing its Equity by CHF 6 million to partially finance the acquisition.