Landis+Gyr Group AG 2020 AR2
The report highlights Landis+Gyr's performance and strategic transformation during the fiscal year 2020, marking 125 years of excellence. Despite a 20.8% revenue decline due to COVID-19, the company achieved an Adjusted EBITDA margin of 10.3% and generated USD 97.6 million in free cash flow. Landis+Gyr committed to becoming carbon neutral by 2030 and expanded its smart infrastructure capabilities through key acquisitions like Rhebo and True Energy, as well as a strategic partnership with Google Cloud. Additionally, the company successfully integrated sustainability into its corporate strategy, introducing an ESG component to its short-term incentive plan.
Company: Landis+Gyr Group AG
Sector: Manufacturing
Country: Switzerland
Year: 2020
Type: AR2
Pages: 161
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Landis+Gyr Group AG
Annual Report
The report highlights Landis+Gyr's performance and strategic transformation during the fiscal year 2020, marking 125 years of excellence. Despite a 20.8% revenue decline due to COVID-19, the company achieved an Adjusted EBITDA margin of 10.3% and generated USD 97.6 million in free cash flow. Landis+Gyr committed to becoming carbon neutral by 2030 and expanded its smart infrastructure capabilities through key acquisitions like Rhebo and True Energy, as well as a strategic partnership with Google Cloud. Additionally, the company successfully integrated sustainability into its corporate strategy, introducing an ESG component to its short-term incentive plan.
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Document Details
Report Year
2020
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Net Zero Target
Employees