Georg Fischer – highly geared towards the well performing automotive industry. FI-N is a leader in its field.
|
Company |
Ticker |
Country |
Upside Potential |
|
Sharpe (FY01) |
|
Georg Fischer |
FI-N.S |
CH |
>20 % |
|
4.52 |
|
Automobile & parts (cyclical) |
Investment case: Georg Fischer (GF), based in Schaffhausen, is over 200 years old and is very well integrated in today’s economy. The company has over 125 branches located across the globe. It employs about 13,500 people, with around 2,500 of them in Switzerland.GF focuses on three core areas of business: plastic and metal piping systems used for water, gas, and raw material distribution; components and systems for the automotive industry; and high-precision molds and tool making (through its AgieCharmille division) for the telecommunications, automotive, aviation, and electrical manufacturing industries.It is a global leader in the safe transport of liquids and gases, vehicle weight reduction, and high-precision manufacturing technologies. From 2016 onwards, Georg Fischer will operate a JV with the Canadian automotive components producer Linamar. This 50/50 JV aims to produce light car components in the US for a European car manufacturer. The JV plans to invest over CHF 100 million over the next five years. This should allow Georg Fischer and Linamar to operate across five continents and lead the market with their new technologies. Linamar is a highly specialized OEM, its products and services are highly appreciated throughout the automotive industry. Its shares are listed on the Toronto Stock Exchange. It employs about 19,500 people across 48 production facilities and achieves sales in the region of CAD 4.2 million. |
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