NEWSROOM

At the traditional “CEO-Brunch”, Knut Zimmer got up close and personal with Feintool’s up-and-coming experts of tomorrow. The approximately twenty trainees in four different professions at the plants in Switzerland took the opportunity to get some personal and professional answers from the CEO.

The shareholders of Feintool International Holding AG approved all proposals tabled at its General Meeting on April 30, 2019.

Between January 1 and March 31, 2019, the technology group achieved net sales of CHF 174 million. Adjusted for currency effects, this amounts to an increase of 7.5%. Business of parts production grew – thanks to the acquisition in the field of electro sheet stamping – by 6.7% without exchange rate effects. The capital goods segment recorded an increase in net sales of 9.9% on an already high level.

Energy-saving hydraulic drive, high rigidity and minimal cutting impact – three of numerous key advantages of the FB one fineblanking press that Feintool recently launched on the market. On 8th and 9th April 2019, Markus Schaltegger, Head of Feintool Technologie AG, attended the “Kongress Stanztechnik” in Dortmund with his team. In a specialist presentation, he outlined the technological and production-oriented advantages of the FB one, while the latest trends in fineblanking technology were demonstrated at the booth.

In Japan, the automotive supplier Imasen named Feintool "Excellent Supplier 2018" in the "Improvement of Efficiency" category.

The technology company can once again look back on a positive financial year: Net sales grew by 11 percent year on year in 2018 to reach CHF 680 million, while operating earnings (EBIT) amount to CHF 48 million. The operating margin stands at 7 percent. The group’s net result increased by 9.9 percent to more than CHF 30 million.

On 8 February 2019, Feintool System Parts Jena presented her proven health management at the yearly media conference of the Association of Business Thuringia in Erfurt. German TV Channel MDR has been broadcasting a report in the “Journal of Thuringia”.

More than 50 companies were present at the "Tag der Berufe" vocational training exhibition in Jessen (Saxony-Anhalt) on January 17. Feintool System Parts Jessen was successfully promoting careers in toolmaking, a demanding qualification for tech-savvy young people.

The CTI Symposium was held for the 17th time in Berlin from December 3 to 5. Feintool took part in the Symposium and the associated trade exhibition in order to familiarize visitors with current topics in the areas of fineblanking, forming and electro sheet stamping for vehicle drive systems.

The SPS (Smart Production Solution) IPC Drives trade fair was held in Nuremberg from No-vember 27 to 29, 2018. For the first time the entire range of products and services for electro sheet metal production were presented under the name of the Feintool Group.

Feintool among 238 exhibitors: The “Forum Berufsstart” took place at the Erfurt Trade Fair on November 14 and 15, 2018. Trainees and trainers from a great variety of industries presented their companies at the career orientation trade fair over the course of two days, introducing their careers and answering questions from students, parents and those seeking work.

Feintool held its annual Customer Symposium in Nashville, TN on November 6-7, 2018. The two-day event included guest speakers, a private tour and dinner at the Country Music Hall of Fame and Museum, and a plant tour of the Feintool Nashville manufacturing facility. Approximately 40 guests representing 18 highly-valued customers and prospects came ready to learn, eat, and enjoy some country music.

Students from the 5th to the 7th grades were invited to accompany their caregivers to discover the world of work on November 8, National Future Day.

The rise of the smart vehicle also influences the interior design and technologies of automobiles. At the Automotive Interiors Expo from October 23-25, 2018 in Navi, Michigan, USA, Feintool exhibited important parts regarding the safety of the interior of a car: the structural seat frame, track, and recliner components.

The former Stanz- und LaserTechnik Jessen GmbH is now called “Feintool System Parts Jessen GmbH.” The change of name represents another step in the integration of the new business into the Feintool Group.

In the first nine months of the 2018 financial year, Feintool increased its net sales by 13.4% (in local currency by 11.0%) to CHF 510.4 million compared to the previous year. Acquisitions contributed CHF 10.5 million or 2.3 percentage points to growth. The high-volume parts segment increased its net sales by 10.3%. The capital goods business confirmed its significant upward trend with a 28.1% increase in net sales.

At the IZB Wolfsburg from 16 to 18 October 2018, Feintool presented innovative solutions as a supplier to the automotive industry. There was intensive dialogue at the trade fair as well as at the Feintool stand about the industry's digital transformation.

Highly precise, eco-friendly and now a champion at this year's industry-leading exhibition in Hanover – presenting the «FB one» fineblanking press. Feintool’s newest development reaches top ranking at «Award at EuroBLECH 2018» in the «Forming- and Stamping Technics, Equipment & Machinery» category. The award ceremony took place on 23 October at the exhibition in Hanover.

Feintool International Holding AG1 as successfully placed 451,871 new shares sourced from existing authorized capital by way of an accelerated bookbuilding procedure. The shares were sold in a private placement at 112.50 per new share. The gross proceeds from the placement amount to CHF 50.8 m.

Feintool International Holding AG¹ today announced the launch of an accelerated bookbuilding for the placement of up to 451,871 new registered shares with a par value of CHF 10.00 each. The net proceeds from the capital increase will be used to partially re-finance the acquisition of Stanzwerk Jessen GmbH.