GF Piping Systems at a glance

GF Piping Systems is a leading supplier of piping systems made of plastics and metal. The division focuses on system solutions, high-quality components for the safe transport of water, chemicals, and gas, as well as corresponding services. The product portfolio of fittings, valves, pipes, automation, and jointing technologies covers all applications of the water cycle.

Worldwide presence

GF Piping Systems supports customers in the fields of utility, industry, and building technology in over 100 countries through its own sales companies and representative offices. The division operates several research and development centers as well as more than 30 production sites in Europe, Asia, and North and South America.

Key figures

Employees

6’764

CHF million

 

2017

 

2016

 

 

 

 

 

Order intake

 

1’718

 

1’488

Sales

 

1’678

 

1’494

Sales growth %

 

12.3

 

5.4

Organic growth %

 

12.1

 

5.0

EBITDA

 

245

 

214

EBIT

 

189

 

162

Return on sales (EBIT margin) %

 

11.3

 

10.8

Invested capital (IC)

 

671

 

669

Return on invested capital (ROIC) %

 

22.9

 

20.6

Number of employees

 

6’764

 

6’507

Sales by region
in CHF
Sales per segment
in CHF
Strategy 2020
Expanding global presence

Expanding global presence

With the acquisition of Urecon Ltd., a Canadian specialist for pre-insulated piping systems for freeze protection and chilled water, GF Piping Systems is expanding its footprint in North America and accelerating the launch of its pre-insulated piping system COOL-FIT in the NAFTA region. Urecon operates two state-of-the-art production sites in the provinces of Quebec (Coteau-du-Lac) and Alberta (Calmar), has a workforce of approximately 100 employees and generated sales of around CHF 20 million in 2016.

Strategy 2020
Higher-value products and services

Shifting the portfolio to higher-value products and services

The shift of the portfolio to higher-value products and services is a key element of the strategy of GF Piping Systems. The division wants to grow significantly in the area of automation solutions, sensors, and intelligent valves. At the same time, it aims to expand its global service business. The development of its digital offering, which optimally connects the diverse stakeholders in the value chain, plays an important role. An example is Track&Trace, a new digital service that enables centimeter-precise positioning of GF products. In addition, the piping installation process can be monitored remotely.

Strategy 2020
Driving innovation excellence

Driving innovation excellence

The launch of Strategy 2020 marked the start of a corporate-wide initiative to implement the Design Thinking approach. So far more than 1’000 GF employees have taken part in training sessions in Asia, America, and Europe. At GF Piping Systems alone, more than 30 projects are currently being carried out in the spirit of the customer-oriented Design Thinking approach.

Segment information
Highlights 2017
Success Story