Founded in 1853, Saurer is a leading provider of machinery and components for fibre and yarn processing with operations worldwide. Our mission is to become the preferred supplier of intelligent solutions and services in the textile industry and beyond. Below, investors will find detailed financial information about Saurer, which is listed on the Shanghai Stock Exchange (securities code: 600545).
Saurer is committed to generating long-term value for our shareholders by focusing on the disciplined execution of our strategy. We aim to achieve continuous growth and stable margins throughout the cycle. We will continuously monitor and update corporate governance and disclosure policies. With the establishment of good corporate governance and the appropriate internal control mechanisms, the company effectively protects its shareholders' rights, their interests, and concentrates on increasing the company value.
Saurer has an organisational structure that outlines the responsibilities and obligations of the general meeting of shareholders, the board of directors, the supervisory board and the management team in accordance with the requirements of relevant laws and regulations such as the Chinese Companies Acts and Securities Law. They form a system of checks and balances which enable the company to continuously improve the level of corporate governance.
Saurer Intelligent Technology Co. Ltd
| in EUR 000 | 2016 | 2017 | 2018 | 2019 | 2020 | Change YoY |
|---|---|---|---|---|---|---|
| Revenue | 867 531 | 1 141 874 | 1 180 438 | 1 111 166 | 613 486 | -43.40% |
| Profit before tax | 91 566 | 130 574 | 146 702 | 118 033 | -96 549 | -183.79% |
| Net profit | 68 688 | 98 223 | 109 719 | 102 387 | -84 953 | -184.98% |
| Attributable to equity holders of the company | 64 855 | 86 272 | 103 734 | 78 904 | -71027 | -192.20% |
| Total assets | 1 809 991 | 1 862 498 | 1 837 028 | 1 691 212 | 1625111 | -2.70% |
| Revenue by segment in EUR 000 | 2016 | 2017 | 2018 | 2019 | 2020 | Change YoY |
|---|---|---|---|---|---|---|
| Saurer Spinning Solutions | 668 822 | 914 333 | 950 092 | 946 299 | 487 787 | -47.20% |
| Saurer Technologies | 201 817 | 237 157 | 240 251 | 171 958 | 128 786 | -23.28% |
| Revenue by region in EUR 000 | 2016 | 2017 | 2018 | 2019 | 2020 | Change YoY |
|---|---|---|---|---|---|---|
| China | 293 681 | 481 550 | 523 329 | 619 354 | 300852 | -50.20% |
| India | 136 757 | 127 588 | 118 597 | 80 795 | 35 479 | -55.00% |
| Turkey | 72 700 | 118 478 | 112 766 | 37 212 | 79 907 | 119.90% |
| Asia (excl. China/India) | 165 568 | 228 672 | 235 631 | 228 919 | 88 931 | -60.20% |
| Americas | 91 670 | 97 048 | 95 551 | 77 655 | 57 772 | -23.80% |
| Europe/Africa/others (excl. Turkey) | 107 155 | 88 537 | 94 564 | 67 230 | 50 546 | -23.00% |
| Number of employees (FTE excl. temporaries) at Dec 31 | 4 044 | 4 296 | 4 695 | 4 797 | 4 453 | 4 453 |
| EUR vs RMB exchange rate (average for respective year) | 7.3228 | 7.6308 | 7.8113 | 7.7174 | 7.9049 |
Here you can browse through our financial reports for a detailed impression of Saurer's past performance.
Here you can view the Saurer share price on the websites of the Shanghai Stock Exchange, Bloomberg and Reuters.
This is a selection of our ad hoc announcements with full texts in English. Please note that these have been translated and that the Chinese-language versions of the ad hoc announcements are the binding versions. Should you wish to access the entire list, kindly visit the relevant page on the website of the Shanghai Stock Exchange.
We are keen to tell you more about our investment story. If you have any financial questions about our company, don't hesitate to get in touch with us.
Corporate Communications
Saurer Group
Textilstrasse 9
Arbon 9320
Switzerland
ir@saurer.com
