GF grew again double-digit in 2018 to reach CHF 4,572 million. Free of acquisitions, divestments and currency effects, growth amounted to 7%, well above the 2020 strategy objectives of 3-5% per annum. The main pillar of organic growth has been GF Piping Systems, recording a high 8% organic growth rate for our largest division.
Search results for: Georg Fischer
Mads Joergensen to Become New CFO of Georg Fischer
The GF Board of Directors nominated Mads Joergensen as new Chief Financial Officer (CFO) and member of the Executive Committee of GF, effective 18 April 2019. He will succeed Andreas Müller who has been appointed as new CEO of the Corporation.
Georg Fischer: A Clear Increase in Performance
GF kept in the first semester of 2016 its positive momentum. Sales reached CHF 1 863 million, 3 percent above the first six months of 2015. Adjusted for currency effects and acquisitions, growth stood at 2 percent. The operating result increased 20 percent to CHF 153 million.
Change on the Board of Directors of Georg Fischer Ltd
Ulrich Graf will step down as member of the Board of Directors of Georg Fischer Ltd. The Board of Directors will propose Riet Cadonau for election as a new member.
Georg Fischer: Resilient in the Face of Currency Headwinds
First half-year figures were affected by the Swiss franc appreciation which shaved 7% off the top line. Adjusted for currency effects, acquisitions and divestments, sales were on previous year’s level.
Georg Fischer Keeps Its Earnings Growth Path
GF generated sales of CHF 3 795 million in 2014 for an increase of 1%. The operating profit (EBIT) rose 9% to CHF 274 million mainly thanks to significant productivity gains.
Change on Board of Directors of Georg Fischer
Isabelle Welton and Rudolf Huber, members of the Board of Directors of Georg Fischer, will not stand for re-election at the next Annual Shareholders Meeting on 18 March 2015. The Board of Directors is to propose Eveline Saupper for election as a new member. A statutory reduction of the Board size from ten to nine members will be submitted to the shareholders.
Georg Fischer wins 2014 Supply Chain Management Award
At the specialized international Supply Chain Convention in Frankfurt am Main (Germany), which took place on 24 June 2014, GF Piping Systems, a division of GF, has won the 2014 Supply Chain Management Award for its outstanding end-to-end supply chain solution. The jury singled out the innovative services that have been developed for customers on the basis of the division’s supply chain management.
Shareholders of Georg Fischer Elect a New Member to the Board
At the 118th Annual Shareholders’ Meeting of Georg Fischer Ltd held on 19 March 2014 Hubert Achermann was elected as new member of the Board.