Despite the extremely challenging market environment, the Feintool Group was able to significantly increase its sales to CHF 861 million in the 2022 financial year. Earnings before interest and taxes (EBIT) before one-off effects totaled to CHF 26.7 million (EBIT margin: 3.1%). The large share of incoming orders attributable to e-mobility is very encouraging and confirms the positive development of the growth strategy.

Feintool has won a substantial contract to supply rotors and stators (the main components of electric motors) to a new key customer. The multi-year contract for this renowned European OEM involves a lifetime volume in the triple-digit million Euro range. This success illustrates the importance of Feintool's strategy which focuses on electrification.

"The FB one keeps us competitive," says Ben Barnett, President and Chief Operating Officer of Principal Manufacturing Corporation (PMC). The decision to invest in Feintool’s newest generation of presses came easily after having experienced the economic benefits of the servomechanical Feintool XFT 2500 press.

Leveraging performance potential for more cost-effective manufacturing – with FEINforming, Feintool is paving the way for a new efficiency class of fuel-cell drives.