Starrag Group Holding AG
0QQA.L
London Stock Exchange33.50
CHF
-0.20
- -
Starrag Group Holding AG
0QQA.L
(London Stock Exchange)
Recent
price
33.50
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- StarragTornos Group AG (ticker: STGN.SW, formerly Starrag Group Holding AG) develops, manufactures and distributes precision machine tools for milling, turning, boring, grinding and complete machining of workpieces made of metal, composite materials and ceramics; its core offerings encompass vertical and horizontal machining centers, blade and blisk machining centers, aerostructures machining centers, portal and gantry machining centers, vertical turning lathes, vertical grinding machines, transfer machines, faceting machines, Swiss-type automatic lathes, multispindle machines and milling systems under the brands Berthiez, Bumotec, Dörries, Droop+Rein, Ecospeed, Heckert, Scharmann, SIP, Starrag, TTL, WMW and Tornos. The company serves leading customers in the aerospace, energy, transportation, medical and dental technology, luxury goods and industrial sectors, including civil and military OEMs, suppliers, orthopedics, watchmaking, construction machinery, truck and bus manufacturers, hydraulics and pneumatics industries; it provides integrated technology, maintenance, engineering services, automation solutions, software and Industry 4.0 systems to enhance productivity. Founded in 1885 with roots tracing to 1897 in Rorschacherberg, Switzerland, where it maintains headquarters, StarragTornos operates 11 production plants and 30 sites worldwide across Switzerland, Germany, France, Italy, Spain, Poland, the UK, USA, Mexico, Brazil, China, Thailand, Taiwan and India, complemented by a distributor network. In December 2023, Starrag Group Holding AG merged with Tornos Holding AG, forming StarragTornos Group AG listed on SIX Swiss Exchange and launching a synergy program focused on procurement alignment, resource cross-utilization and sales integration, with cost synergies advancing and sales synergies progressing amid economic challenges; recent product launches include the energy-efficient Dörries VT vertical turning lathe and Tornos Swiss XT for automotive and medical applications, alongside the Bumotec 191neo and Heckert H65 machining centers, while 2024 saw increased defense sector orders, doubled Energy segment growth, Americas order intake nearly doubling and new ESG initiatives with solar investments and carbon footprint analysis.