Interroll Holding AG: history, ownership, mission, how it works & makes money

A Brief History of Interroll Holding AG

Interroll Holding AG, founded in 1959 in Switzerland, has evolved into a global leader in material handling solutions. The company's primary focus is on the development and production of key products for internal logistics, including rollers, conveyor systems, and sorters. Interroll's products are used across various sectors such as e-commerce, food and beverage, and automotive.

In 2004, Interroll was publicly listed on the SIX Swiss Exchange, marking a significant milestone in its growth trajectory. As of December 2022, Interroll Holding AG reported a market capitalization of approximately CHF 1.25 billion.

The company's revenue growth has been notable over the past years. For the fiscal year ending December 31, 2022, Interroll achieved sales of CHF 596.4 million, reflecting a significant increase of 9.4% compared to the previous year. The EBITDA margin for 2022 was reported at 10.5%, demonstrating the efficiency of its operations.

Interroll has pursued a strategy of international expansion, opening several subsidiaries and production sites across Europe, Asia, and North America. As of 2023, the company operates more than 10 production sites and over 30 sales offices worldwide, enhancing its ability to serve a diverse customer base.

The company has been recognized for its innovative approach and sustainability efforts. In 2021, Interroll launched a new range of energy-efficient conveyor systems, contributing to a reduction in carbon emissions for its customers. These systems are designed to comply with the latest environmental standards and are part of Interroll's commitment to sustainable development.

Interroll's dedication to quality and innovation is reflected in its extensive patent portfolio, which includes over 200 patents related to its product offerings. The company invests approximately 4.5% of its annual sales in research and development, ensuring continuous improvement and adaptation to market needs.

In terms of financial stability, Interroll has maintained a strong balance sheet, with a debt-to-equity ratio of 0.4 as of the end of 2022. This solid financial position allows the company to pursue further growth opportunities and withstand market fluctuations.

Overall, Interroll Holding AG stands out as a key player in the logistics sector, consistently adapting to market demands and focusing on innovation, sustainability, and global reach.

A Who Owns Interroll Holding AG

Interroll Holding AG, headquartered in Sant'Antonino, Switzerland, is a global provider of material handling solutions. The ownership structure of Interroll is characterized by a mix of institutional and private shareholders, with significant holdings among various entities.

As of the latest data available from 2023, the following table outlines the main shareholders of Interroll Holding AG:

Interroll is listed on the SIX Swiss Exchange under the ticker symbol "INRN." The company's market capitalization as of October 2023 stands at approximately CHF 1.5 billion. The company operates in various segments, including Rollers, Drives, and Conveyors, which together contributed to a total revenue of approximately CHF 434 million in the last fiscal year.

The company's performance is also reflected in its share price, which has seen a growth of approximately 15% year-to-date, in line with increasing demand for automation in logistics and material handling globally. Analysts project a continued growth trajectory, expecting an annual growth rate of around 8% through the next five years as e-commerce and automated solutions expand.

Furthermore, Interroll reported a return on equity (ROE) of 13.5% for the last fiscal year, showcasing efficient management and profitability relative to its equity capital. The overall investment community closely watches Interroll due to its innovative products and strong market positioning in the automation and logistics sector.

Interroll Holding AG Mission Statement

Interroll Holding AG is committed to delivering high-quality products and services that enhance the efficiency and performance of logistics and material handling systems worldwide. Their mission statement emphasizes innovation, sustainability, and customer-oriented solutions.

The company aims to create added value for its customers through constant innovation and efficiency increases in logistics processes. Interroll’s core values include a focus on quality, reliability, and sustainable development, aligning with their goal of reducing the ecological footprint in logistics.

As of the latest financial data from the first half of 2023, Interroll reported a revenue increase of 12.7% year-on-year, totaling CHF 232.7 million. Their earnings before interest and taxes (EBIT) rose to CHF 31.5 million, reflecting a margin of 13.5%.

The company's strategic focus is evident in its investment in research and development, with CHF 11 million allocated to R&D in 2022, representing approximately 4.7% of total revenue that year. This investment underscores Interroll's commitment to innovation in the automation sector.

Interroll also emphasizes sustainability as a key component of its mission statement. The company has set ambitious targets to reduce emissions and waste associated with its operations. Their sustainability report for 2022 indicated a 20% reduction in greenhouse gas emissions compared to 2020 levels.

In alignment with their mission to innovate, Interroll has expanded its manufacturing capabilities globally. With facilities in Europe, the Americas, and Asia, the company operates over 30 locations worldwide, catering to an increasingly diverse client base.

Furthermore, Interroll's commitment to quality is reflected in its product certifications; the company holds ISO 9001 and ISO 14001 certifications, ensuring adherence to international standards for quality management and environmental management systems.

The mission statement of Interroll Holding AG encapsulates its dedication to providing state-of-the-art solutions while balancing economic performance with environmental stewardship, thus establishing itself as a leader in the logistics and material handling industry.

How Interroll Holding AG Works

Interroll Holding AG is a leading global provider of material handling solutions, specializing in the development and production of key products for logistics automation. The company’s operations are primarily focused on four business units: Conveyor Systems, Roller Components, Drives, and Sorting Systems. Each segment plays a critical role in enhancing the efficiency of intralogistics processes.

In 2022, Interroll reported a revenue of CHF 637.4 million, representing an increase of 10.5% compared to the previous year. The company’s EBITDA for the same period was CHF 109.9 million, leading to an EBITDA margin of 17.2%.

Product Overview

The company offers a wide range of products designed to optimize storage and transportation processes. The major offerings include:

• Conveyor Modules
• Rollers and Roller Components
• Drives and Motors
• Sorting Systems

Market Presence

Interroll operates in over 30 countries and maintains a presence in key markets across Europe, Asia, and the Americas. The company’s global workforce has grown to approximately 2,500 employees as of 2023. The geographical distribution of revenue in 2022 was:

Financial Performance

Interroll's financial health is illustrated by its strong balance sheet. As of December 2022, the total assets were valued at CHF 626.1 million, with equity amounting to CHF 415.9 million, resulting in an equity ratio of 66.5%.

The company’s net profit for 2022 increased to CHF 78.3 million, representing a net profit margin of 12.3%. The robust performance has been driven by high demand for automated solutions in warehouses and distribution centers.

Innovation and R&D

Innovation is a cornerstone of Interroll’s strategy. The company invests approximately 6.4% of its revenue into research and development, focusing on enhancing product performance and integrating advanced technologies, such as AI and IoT, into their solutions.

In 2022, Interroll launched several new products, including the new Interroll Smart Pallet Mover, which enhances automated pallet handling efficiency. This innovation is expected to expand the company's market share in the growing sector of automated logistics solutions.

Outlook

Looking ahead, Interroll anticipates continued growth driven by the increasing demand for automated logistics solutions. The company projects a stable annual growth rate of 8% to 10% over the next few years as global trends shift towards greater automation in supply chain management.

With a solid foundation and strategic initiatives aimed at expanding its product offerings, Interroll Holding AG is well-positioned to capitalize on market opportunities in the evolving landscape of material handling and logistics automation.

How Interroll Holding AG Makes Money

Interroll Holding AG operates primarily in the logistics sector, providing a range of products and solutions designed to optimize material handling processes. The company generates revenue through several key business segments, notably within conveyor systems, rollers, and drives.

In 2022, Interroll reported a total revenue of CHF 622.6 million, marking an increase of 17.3% compared to the previous year. The growth was driven by heightened demand for automation in logistics and warehousing, as companies sought efficient solutions to meet rising e-commerce demands.

The company’s revenue is diversified across various product lines:

Interroll's operational efficiency and global reach enable the company to maintain a competitive edge. The firm operates five production sites located strategically in Germany, Switzerland, China, and the USA, catering to major markets.

Sales in the Asia-Pacific region soared in 2022, reflecting the company's focus on expanding its footprint in this high-growth area. Revenue from Asia alone was approximately CHF 123 million, representing an increase of 25% year-over-year.

Interroll also benefits from a recurring revenue model through its service offerings, which include maintenance and installation services. In 2022, service revenue contributed CHF 56 million, which is 9% of the total revenue.

In terms of profitability, Interroll reported an operating profit (EBIT) of CHF 79 million in 2022, with a corresponding EBIT margin of 12.7%. The net profit for the same year stood at CHF 62 million, showcasing a net margin of 10%.

The company actively invests in R&D, spending approximately 7.5% of its total revenue on innovation and product development, crucial for maintaining its competitive advantage and addressing evolving industry needs.

Interroll’s efficient cost structure and strong demand for automated solutions poise the company for continued revenue growth as the global logistics landscape evolves towards greater automation and efficiency.