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Forecast 2021

For the business year 2021, EMS is expecting further economic recovery worldwide. The exact course of this recovery will continue to depend on the pandemic and associated political interventions. The negative effect of COVID-19 on consumer spending and economic activities should steadily lose its impact, however. State stimulus programmes and support measures will now come into their full effect and provide strong support for consumer spending worldwide. Temporarily however, continuing instability, bottlenecks and price increases in supply chains are to be expected. The shortage of semiconductor chips in the automotive industry will also continue.

EMS will continue to follow its successful strategy of speciality products in the main area of High Performance Polymers. Steady growth in demand from customers for innovative products, solutions achieving reductions in weight and CO2 emissions as well as cost savings through replacement of metal, is continuing. This allows EMS to develop new business and further strengthen market position. Innovative development expertise in close cooperation with customers enables EMS to quickly recognise market requirements and to adapt flexibly to them.

Due to a comprehensive number of new and innovative customer projects, EMS is also confident for the future. To satisfy increasing market demand in future as well, EMS has decided to invest more than CHF 300 million over the next 5 years in expansion of the production site at Domat/Ems (Grisons, Switzerland). The first step was the ground-breaking ceremony for a new high-rack warehouse which took place on March 31, 2021. Further major production lines, also at other production locations, will start operation this year.

For 2021, EMS continues to expect higher net sales and a higher net operating income (EBIT) than in the previous year.