2017-2-28 上午7:00
GF集团的销售额增长3%至37.44亿瑞士法郎（约合人民币260亿）。这使得息税前利润率（ROS）由2015年的8.1%上升到8.3%；投入资本回报率（ROIC）由2015年的18.9%增加到19.3%。 作为瑞士上市企业，日前GF发布了2016年的年报。年报显示，GF集团所有业务领域均实现增长，为2020战略目标打下了良好基础。 净利润总额为2.25亿瑞士法郎，比上年同期增长14%，每股收益53瑞士法郎。收购和资产剥离前的自由现金流达到2.31亿瑞士法郎，明显高于上年同期已经很高的1.9亿瑞士法郎。基于上述经营情况，董事会提议每股派发股息20瑞士法郎（约合人民币140元），比去年增加2瑞士法郎，这项提议将在股东大会上进行表决。 GF管路系统
GF管路系统实现了14.94亿瑞士法郎的销售额，同比增长5%，继续保持集团*大业务领域地位。特别是工业产品领域迎来了需求的强劲增长，建筑技术部门也带来了显著的销售额增加，而公用事业相关的营业额保持稳定。包括瑞士在内的工厂产能充足，为企业发展提供了动力。 GF管路系统在年内收购了三家公司：印尼的PT Eurapipe、现货的舒畅汽车零部件有限公司和京燃凌云燃气设备有限公司（通过合资企业亚大收购），进一步整个了各自市场的资源。 GF汽车产品
GF汽车营业额微增1%至13.35亿瑞士法郎。去年原材料的大幅增长对业绩影响较大，因为GF必须按照zui初约定的合同价格交付给用户。 轿车和商用车的需求总体保持健康，特别是在现货，经营业绩达1亿瑞士法郎，强劲增长12%。出于汽车轻量化需求，铝部件在现货的工厂和欧洲的大多数轻金属厂都得到充分利用。
欧洲的工厂保持稳定，而在美国北加州的Mills River，一个新的轻金属工厂即将建设完毕，按照计划将在年底投产。 GF加工方案
在竞争激烈的市场中，GF加工方案依然实现了营业额2%增长至9.16亿瑞士法郎。GF加工方案的精密机床在航空航天和医疗领域有着很大的需求。 去年5月，该部门获得了芝加哥Microlution公司的订单，扩大其技术组合在潜力巨大的微加工领域发展，以支持其客户在医疗、航空航天和电子行业的精密需求。 Strategy 2020 - well under way
The implementation of our 2016-2020 strategy is well under way. The 2016 financial results are in line with our goal of a 3-5% annual top line growth and profitability ranges of 8-9% for the ROS as well as 18-22% for the ROIC. GF kept expanding in growth markets with two acquisitions in China and one in Indonesia for GF Piping Systems. At the same time, productivity optimization is proceeding apace in Europe where the commissioning of a new automatized molding line has been started in Singen (Germany), and a high number of automation projects have been implemented in the other plants of GF Automotive. The shift to higher-margin businesses is also on track with the entry at GF Piping Systems into new sectors like air-conditioning and the push at GF Automotive into electric car components. In addition, GF Machining Solutions has significantly expanded its offering and its sales in the growing aerospace business. Finally, specific training programs are being conducted corporate-wide in order to accompany this shift, on one hand to accelerate customer-focused innovation and on the other hand to further enhance sales proficiency. Solid financial structure allows for further growth
In April, GF successfully issued a CHF 225 million bond over ten years with a 0.875% coupon to replace a CHF 200 million bond, placed in 2010 with a 3.375% coupon. This new bond issuance supports the financing of future acquisitions and at the same time allows GF to reduce its financing costs. 展望2017
GF的主要市场在欧美及亚洲，zui近的经济和政治发展可能会增加更多的不确定性和波动性。然而GF相信，新业务和zui近的收购将支持GF管路系统的增长，GF汽车产品和GF加工方案已经获得了足够的订单，在三个部门附加值较高的领域也开始结出果实。 |
