Strong increase in order income, operational business slowed down by shortages in the supply chains and lockdown in China.
Thanks to the ongoing high demand for their products and services, the Elma Group has again significantly increased order income in the first half of 2022. Despite shortages in the supply chains and a two-months lockdown in China, Elma succeeded to keep net sales at the previous year’s level. While the companies in Europe and Asia made a positive profit contribution, the entities in the USA reported a loss as a result of supply shortages. Overall, Elma achieved a net profit of CHF 1.4 million. Net debts were reduced. As of June 30, 2022, the equity ratio was over 50%.
Elma Electronic is a global manufacturer of electronic packaging products for the embedded systems market – from components, backplanes, power supply solutions, storage boards and chassis platforms to fully integrated systems. To ensure our integrated solutions are optimized to our customers’ needs, Elma partners with leading board manufacturers in the industry. Elma also provides enclosure solutions and rotary switches for demanding applications for electronic companies. The company has a broad base of proven standard products which can be tailored to individual applications: Elma offers services from the initial concept to volume production. Elma’s reliable solutions, flexibility, and design expertise are key reasons why the leading companies in the world choose Elma time and again.
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