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Last €28.98 EUR
Change Today +0.01 / 0.03%
Volume 1.3K
SCUN On Other Exchanges
As of 4:32 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

schuler ag (SCUN) Snapshot

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05/7/15 - €29.75
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12/1/14 - €1.00
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schuler ag (SCUN) Details

Schuler Aktiengesellschaft, through its subsidiaries, manufactures and supplies metalforming machines, systems, dies, and services. It operates through three segments: Forming Systems, Automation, and Tools. The Forming Systems segment offers large-scale press lines, mechanical and hydraulic press systems, forging lines, and high-speed presses to car manufacturers and their suppliers. The Automation segment focuses on automation systems and laser technology. This segment develops and installs solutions for automating machines tools, including control systems for linked production lines; and systems for manufacturing and transporting blanks, work pieces, and tools. The Tools segment provides prototypes and dies for complete vehicle subassemblies, and transmission components for car manufacturers and their suppliers. The company’s products also include transfer and tryout presses; and systems for solid forming, hydro forming, and hot stamping. In addition, it is involved in the provision of servicing and maintenance, spare parts, machine repairs, and planning and implementation of machine relocations, as well as production relaunch services; know-how transfer services; and optimization and modernization of existing machinery, as well as used machines and stamping plant equipment buying services. The company also serves railway, aerospace, defense, security and packing technology, drive and generator construction, general sheet metal production, appliances, and large pipes industries, as well as national mints. It sells its products and services primarily in Germany, other countries in Europe, the Americas, Asia, and internationally. The company was founded in 1839 and is headquartered in Göppingen, Germany. Schuler Aktiengesellschaft is a subsidiary of Andritz Beteiligungsgesellschaft IV Gmbh.

5,094 Employees
Last Reported Date: 03/6/15
Founded in 1839

schuler ag (SCUN) Top Compensated Officers

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schuler ag (SCUN) Key Developments

Schuler to Close Down Three German Factories

Schuler is going to closed down three of its seven production facilities in Germany. 450 staff will lose their jobs. The new production of machines is going to be continued in Erfurt and Göppingen. The manufacture of moulding presses and machine components in Netphen will be continued only until the end of 2016, production in Waghäusel will last until the end of 2017 and in Weingarten - until the end of 2017. It will be attempted to implement labour-contract-friendly measures for the staff to be laid off.

Schuler AG Reports Earnings Results for the Full Year of 2014

Schuler AG reported earnings results for the full year of 2014. With stable sales of €1.18 billion, the company posted increased earnings in its past fiscal year 2014. The operating result (Ebita) rose by 3.0% to €104.1 million and the Ebita margin improved to 8.8%. The company thus easily exceeded its original forecast (€1.1 billion and an Ebita margin of 6 to 7%), which was upgraded during the year on the back of strong business figures and positive one-off effects from the virtually completed efficiency enhancement program. Group profit after tax increased by €5.2 million to €66.9 million.

Schuler AG Reports Consolidated Revenue Results for the First Nine Months of 2014; Confirms Sales Guidance for the Fourth Quarter of 2014; Revises Earnings Guidance for the Fiscal Year 2014

Schuler AG reported consolidated revenue results for the first nine months of 2014. For the period, the company reported consolidated sales of EUR 836.6 million. This figure is below the comparable prior-year figure of EUR 906.8 million. Also, the result is below the - unusually high - comparable prior-year figure. This is due to varying lead times typical for the machine and plant engineering industry. The company expects sales to rise in the fourth quarter of 2014 and confirms its sales guidance of between EUR 1.1 billion and EUR 1.2 billion. The company revised earnings guidance for the fiscal year 2014. For the year, the company is raising its earnings guidance. The reason is the positive development of business in the first nine months of 2014 with an operating result (EBITA) of EUR 69.1 million and an EBITA margin of 8.3%. The press manufacturer also expects positive one-off effects in the fourth quarter of 2014 from the reversal of provisions no longer needed this year for an efficiency enhancement program launched in 2013 for its German facilities now almost fully completed. As a result, the company expects an EBITA margin of around 8.5% for its fiscal year 2014. The company had previously anticipated an EBITA margin of between 7% and 8%.


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