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Schweizer Electronic: Annual General Meeting Approves All Proposed Resolutions with a Large Majority
July 10, 2025 | Schweizer Electronic AGEstimated reading time: 1 minute
The Annual General Meeting of Schweizer Electronic AG took place on June 27, 2025, at the company's headquarters in Schramberg. A total of 64 percent of the registered share capital of Schweizer Electronic AG was represented. Shareholders approved all agenda items with a large majority.
Adaptation to global and industry-specific conditions and concentration on what can be influenced
In his speech, CEO Nicolas Schweizer highlighted the changing global and industry-specific conditions. Currently, only about two percent of global printed circuit board demand is manufactured in Europe. This results in a high dependence of the European industry on Asian supply chains and technologies.
In light of these developments, Schweizer Electronic AG is focusing on a combination of trading business with Asian manufacturing and in-house production at its Schramberg site. This enables it to specifically address both global high-volume markets and specific regional customer needs.
Fiscal year 2024 and outlook
Chief Financial Officer Marc Bunz reported on the 2024 fiscal year, in which the company increased revenue to €144.5 million. This growth was primarily due to the strong increase in trading business. Despite the revenue growth, the earnings situation in 2024 remained unsatisfactory.
For the current 2025 fiscal year, the company expects continued growth in its trading business, while simultaneously declining sales in its own production. To address these challenges, the company has initiated a comprehensive restructuring program aimed at sustainably securing the profitability of its own production. Initial successes of these measures are already visible.
Focus on technological development
Chief Technology Officer Thomas Gottwald explained the opportunities presented by the ramp-up of series production of embedding technology and the development of the next generations of this technology. These will open up access to new applications in a broader customer segment and thus represent an important pillar of the company's strategic direction.
Approval of all agenda items
The Annual General Meeting expressed its confidence in both the members of the Management Board and the Supervisory Board for the past financial year with a large majority and approved all proposed resolutions with a large majority.
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