Schaffner awarded large-scale automobile industry contracts
Posted to News on 4th Nov 2019, 15:18

Schaffner awarded large-scale automobile industry contracts

In October 2019, Schaffner achieved the largest order volume in the Group's history with new contracts signed in the Automotive Division totalling more than CHF 55 million (~43 million). The new orders primarily relate to latest-generation antennas for keyless authentication systems in new model platforms of various well-known global automobile manufacturers. The order volume covers the entire duration of the new models.

Schaffner awarded large-scale automobile industry contracts

Once the production lines have been set up, Schaffner expects an impact on earnings that will increase from fiscal 2020/21 year onwards.

For more information go to www.schaffner.com or contact your local Schaffner sales point or Schaffner partner for individual support.

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Schaffner Ltd

Ashville Way
Molly Millar's Lane
RG41 2PL
UNITED KINGDOM

+44 (0)118 9770070

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