Schaltbau Holding 9M21 Results

Schaltbau Holding AG is an internationally leading supplier of technological components and systems for mobile and stationary transportation technology and the capital goods industry. It has 3000 employees based in 15 countries worldwide, with its headquarters in Munich, Germany. It reported 3% growth in both revenues and EBIT in 9M21, which is lower growth than in H121. This was due to the global supply chain bottlenecks and project delays of the prolonged pandemic. There is still long-term growth potential. An offer for the remaining c 22% of the shares after Carlyle Group’s takeover will be published in early November and the delisting of the shares is expected at the end of 2021 or early 2022.


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Schaltbau-Holding-Long-term-growth-potential-remains-intact
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