GF Casting Solutions at a glance

GF Casting Solutions is a technologically pioneering development partner and manufacturer of cast components and systems for the global automotive industry, aerospace and energy markets, off-highway vehicles as well as for industrial applications. The highly complex lightweight components are produced using different manufacturing technologies – from the development to the ready-to-mount solution.

Global presence

GF Casting Solutions manufactures at 14 production sites in Germany, Austria, Romania, Switzerland, China and the USA. The research and development centers with globally recognized lightweight and bionic design expertise are located in Schaffhausen (Switzerland) and Suzhou (China).

Key figures

Employees

4’693

CHF million

 

2018

 

2017

 

 

 

 

 

Order intake

 

1’617

 

1’527

Sales

 

1’687

 

1’482

Sales growth %

 

13.8

 

11.0

Organic growth %

 

5.2

 

8.9

EBITDA

 

160

 

158

EBIT

 

86

 

93

Return on sales (EBIT margin) %

 

5.1

 

6.3

Invested capital (IC)

 

531

 

481

Return on invested capital (ROIC) %

 

16.1

 

19.5

Number of employees

 

4’693

 

5’738

Sales per region 
in CHF
Sales per segment
in CHF
Strategy 2020
Investing in the promising aerospace business

Investing in the promising aerospace business

In 2018, the division acquired Precicast SA in Novazzano (Switzerland). With the acquired precision casting plants in Novazzano and Arad (Romania), GF Casting Solutions successfully enters the promising aerospace market and the energy segment. In addition, the Precicast 3D metal printing unit in Stabio (Switzerland) also contributes to profitability: it offers prototype and serial production of highly complex components for Formula 1 and applications in the aerospace industry.

Strategy 2020
Portfolio reshaping towards more resilience

Portfolio reshaping towards more resilience

While the automotive industry is rethinking and reinventing itself, GF Casting Solutions is a solution provider for components for alternative powertrains, light body and structure parts in great demand. Among the latest innovations are light and safe housings for batteries and electric engines as well as structural parts made of magnesium or aluminum – these are state of the art. In this context, GF Casting Solutions will have a stronger focus on light metal casting whilst reducing its presence in iron casting in Europe. Consequently, the iron casting plants located in Singen and Mettmann (Germany) have been divested to three former members of the management of GF Casting Solutions, effective retroactively as of 1 December 2018. This portfolio reshaping and the resulting regional footprint adaptation are fully in line with the Strategy 2020 of GF. Moreover, since 2018 GF has been producing lightweight components in its new light metal die-casting plant in Mills River (USA) for the strategically important automotive market in North America.

 
Segment information
 
Highlights 2018
 
Success Story