Sales per region
Gross value added per region

CHF million(s) 2020 2019
Order intake 3'160 3'692
Sales 3'184 3'720
Sales growth % -14.4 -18.6
Organic growth % -8.4 -4.1
EBITDA 299 374
EBIT 166 235
Net profit after minorities 116 173
Free cash flow before acquisitions/divestitures 230 137
Return on sales (EBIT margin) % 5.2 6.3
Invested capital (IC) 1'313 1'473
Return on invested capital (ROIC) % 9.3 12.4
Number of employees 14'118 14'678


GF Piping Systems

As the leading flow solutions provider for the safe and sustainable transport of fluids, GF Piping Systems creates connections for life. The division focuses on system solutions and high-quality plastic and metal components for a diverse installed base. The portfolio of fittings, valves, pipes, automation, and jointing technologies covers all water cycle applications.

Sales per segment (CHF 1'708 million)

  • 38% Utility
  • 38% Industry
  • 24% Building technology

CHF million(s) 2020 2019
Order intake 1’716 1'788
Orders on hand at year-end 116 119
Sales 1’708 1'802
Sales growth % –5.2 -1.0
Organic growth % 0.3 1.3
EBITDA 245 264
EBIT 193 214
Return on sales (EBIT margin) % 11.3 11.9
Invested capital (IC) 593 676
Return on invested capital (ROIC) % 24.2 26.1
Number of employees 6’893 6'892


GF Casting Solutions

GF Casting Solutions is one of the leading solution providers of lightweight components in the mobility and energy industries. As a future-oriented company, GF Casting Solutions acts as a driving force for innovation in the foundry and additive manufacturing world and aims to take the lead in developing and manufacturing innovative and energy-efficient lightweight solutions.

Sales per segment (CHF 752 million)

  • 79% Automotive
  • 11% Industrial applications
  • 10% Aerospace/Energy

CHF million(s) 2020 2019
Order intake 740 953
Orders on hand at year-end 251 267
Sales 752 949
Sales growth % –20.8 –43.7
Organic growth % –11.9 –9.7
EBITDA 26 48
EBIT before one-offs –15 22
One-offs 19 46
EBIT –34 –24

Return on sales before one-offs
(EBIT margin before one-offs) %

–2.0 2.3
Return on sales (EBIT margin) % –4.5 –2.5
Invested capital (IC) 448 477

Return on invested capital (ROIC) %

–5.7 –4.4
Number of employees 3’919 4’336


GF Machining Solutions

GF Machining Solutions is one of the world’s leading providers of complete solutions for the tool and mold making industry and manufacturers of precision components. The portfolio includes milling and EDM machines. The division also offers spindles, laser texturing, laser micromachining, additive manufacturing, automation and tooling, as well as digitalized solutions.

Sales per segment (CHF 725 million)

  • 31% Customer Services
  • 29% Milling
  • 26% EDM
  • 14% Advanced manufacturing/ Automation & Tooling

CHF million(s) 2020 2019
Order intake 706 954
Orders on hand at year-end 147 177
Sales 725 972
Sales growth % –25.4 -8.8
Organic growth % –21.6 -7.5
EBITDA 34 71
EBIT 20 57
Return on sales (EBIT margin) % 2.8 5.9
Invested capital (IC) 197 256
Return on invested capital (ROIC) % 7.8 18.4
Number of employees 3’192 3'358