CHF million(s) 2019 2018
Order intake 3'692 4'521
Sales 3'720 4'572
Sales growth % -18.6 10.2
Organic growth % -4.1 6.5
EBITDA 374 529
EBIT 235 382
Net profit after minorities 173 281
Free cash flow before acquisitions/divestitures 137 147
Return on sales (EBIT margin) % 6.3 8.4
Invested capital (IC) 1'473 1'494
Return on invested capital (ROIC) % 12.4 22.4
Number of employees 14'678 15'027


GF Piping Systems

GF Piping Systems is a leading supplier of piping systems made of plastics and metal. The division focuses on system solutions and high-quality components for the safe transport of water, chemicals and gases, as well as corresponding services. The product portfolio of fittings, valves, pipes, auto- mation and jointing technologies covers all applications of the water cycle.

GF Piping Systems supports customers in the fields of utility, industry, and building technology in over 100 countries through its own sales companies and representative offices. The division operates more than 30 production sites in Europe, Asia, and the Americas.

Sales per segment (CHF 1'802 million)

  • 40% Utility
  • 36% Industry
  • 24% Building technology

CHF million(s) 2019 2018
Order intake 1'788 1'865
Sales 1'802 1'821
Sales growth % -1.0 8.5
Organic growth % 1.3 8.2
EBITDA 264 269
EBIT 214 217
Return on sales (EBIT margin) % 11.9 11.9
Invested capital (IC) 676 688
Return on invested capital (ROIC) % 26.1 27.2
Number of employees 6'892 6'852


GF Casting Solutions

GF Casting Solutions is one of the leading solution providers of lightweight components in the mobility and energy industry. As a future-oriented company, GF Casting Solutions acts as a driving force for innovation in the foundry and additive manufacturing world and wants to take the lead in shaping the development of sustainable mobility.

GF Casting Solutions manufactures at 13 production sites in Germany, Austria, Romania, Switzerland, China, and the USA. The division supplies the global automotive industry, aero- space and energy markets, and provides components for off-highway vehicles as well as for industrial applications.

Sales per segment (CHF 949 million)

  • 72% Automotive (remaining)
  • 12% Industrial applications
  • 10% Aerospace/Energy
  • 6% Automotive (divested)

CHF million(s) 2019 2018
Order intake 953 1'617
Sales 949 1'687
Sales growth % –43.7 13.8
Organic growth % –9.7 5.2
EBITDA 48 160
EBIT –24 86
Return on sales (EBIT margin) % –2.5 5.1
Invested capital (IC) 477 531
Return on invested capital (ROIC) % -4.4 16.1
Number of employees 4'336 4'693


GF Machining Solutions

GF Machining Solutions is one of the world’s leading providers of complete solutions to the tool and mold making industry and to manufacturers of precision components. The portfolio includes Milling, wire-cutting, and die-sinking EDM machines. Moreover, the division offers Spindles, Laser texturing, Laser micromachining, Additive Manufacturing, Tooling and Automation, as well as digitalization solutions.

GF Machining Solutions is present in more than 50 countries with its own sales companies. The key customer segments are the aerospace, Information and Communication Technology (ICT), electronic, medical, and automotive industries.

Sales per segment (CHF 972 million)

  • 29% Milling
  • 28% Customer Services
  • 27% EDM
  • 16% Advanced manufacturing/ Automation & Tooling

CHF million(s) 2019 2018
Order intake 954 1'042
Sales 972 1'066
Sales growth % -8.8 7.5
Organic growth % -7.5 5.4
EBITDA 71 102
EBIT 57 88
Return on sales (EBIT margin) % 5.9 8.3
Invested capital (IC) 256 262
Return on invested capital (ROIC) % 18.4 27.5
Number of employees 3'358 3'394