Home lem_current_page : Investors INVESTORS Explore essential information for the financial community. KEY OBJECTIVES Investor Relations engages in an active dialogue with the financial community in order to provide accurate and comprehensive information on LEM’s performance and prospects. The key objectives of our discussions with our stakeholders are to create an adequate understanding of the Company, to ensure a fair valuation of the LEM share, to minimize the cost of capital, and to reinforce LEM’s reputation. We inform our shareholders on the business performance on a quarterly basis. After the first six months, a half-year report is published. This report, as well as the Annual Report, is available on this website. Internal processes assure that price-sensitive facts are published without delay in accordance with the ad hoc publicity rules of the SIX Swiss Exchange. CONTACT FOR INVESTORS AND MEDIA: Andrea Borla, CFO Chemin des Aulx 8 CH-1228 Plan-les-Ouates Phone: +41 22 706 12 50 Contact us here Subscribe for financial news LEM SHARE SHARE INFORMATION Listing SIX Swiss Exchange - Switzerland Reuters - Bloomberg LEHN.S - LEHN.SW ISIN CH0022427626 Swiss security number (Valor) 2 242 762 Share class Registered shares Nominal value CHF 0.50 Issued shares 1 140 000 DATA PER SHARE 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 Earnings per share (CHF) 37.86 38.18 39.11 47.76 45.97 53.27 48.79 Equity per share (CHF) 80.65 75.35 79.37 97.87 99.23 102.95 115.70 Dividend per share (CHF) 40 35 35 40 42 40 42 Dividend yield per 31 March (%) 5.01 4.29 3.75 2.52 3.28 3.77 2.3 Payout ratio (%) 105.7 91.7 89.4 83.7 91.4 75.1 86.1 ANALYST COVERAGE Various banks and their analysts follow LEM’s activities. Find names and contact details of analysts here: Bank Vontobel Michael Foeth +41 58 283 77 29 michael.foeth@vontobel.ch Kepler Cheuvreux Ferran Tort Barniol +41 43 333 60 04 ftortbarniol@keplercheuvreux.com Research Partners Reto Huber +41 44 533 40 30 reto.huber@researchpartners.ch Mirabaud Securities Limited Safwan Mirza +41 58 816 86 72 safwan.mirza@mirabaud-msl.com Credit Suisse Serge Rotzer +41 44 333 05 48 serge.rotzer@credit-suisse.com CORPORATE GOVERNANCE LEM is committed to the principles of good Corporate Governance. LEM shows responsibility in dealing with the interests of its various stakeholders including shareholders, employees, customers, and the general public. The Company acknowledges their concerns. The rigorous application of sound Corporate Governance helps to consolidate and strengthen trust in the company. A single share class and the segregation of the duties of the Chairman and the CEO have been standard practice at LEM for many years. LEM Holding SA Articles of Incorporation The Board of Directors consists of six members, all non-executive. More detailed information about Corporate Governance is provided on this website or alternatively is published in the appropriate section in the latest annual report. Board of Directors Executive Management DISCLOSURE OF SHAREHOLDING Under the Swiss Stock Exchange Act LEM discloses the following: Shareholders that reach, exceed or fall below the thresholds of 3%, 5%, 10%, 15%, 20%, 25%, 33.33%, 50% or 66.66% of the voting rights. The full list of Disclosures of Shareholding is available on SIX Swiss Exchange website. MANAGEMENT TRANSACTIONS The Director's Dealings reported are available on the SIX Swiss Exchange website. ORGANIZATION BOARD OF DIRECTORS ANDREAS HÜRLIMANN Chairman ILAN COHEN FRANÇOIS GABELLA ULRICH J. LOOSER UELI WAMPFLER WERNER C. WEBER The LEM Board of Directors consists of six members who are elected individually for one-year terms. There are currently three standing committees within the Board of Directors: the Audit Committee, the Nomination and Remuneration Committee and the Strategy Committee. ANDREAS HÜRLIMANN (1964) Nationality Swiss Position Chairman of the Board of Directors, Chairman of the Strategy Committee, Member of the Nomination and Compensation Committee Board member since 2011 Professional background • Since 2011, Entrepreneur • 2005 - 2010, Managing Director, Spencer Stuart, Zürich • 1999 - 2005, Global Director of Industry Practices and Member of the Executive Board, Arthur D. Little Inc., Zürich, Lisbon, London and Paris • 1990 - 1999, international business development, sales and management roles with Siemens Schweiz AG, ABB Power Generation AG and Oerlikon Aerospace Inc., Zürich, Baden, Montréal Other notable activities • Condis SA, Rossens, Member of the Board of Directors • HMT Microelectronic AG, Biel/Bienne, Member of the Board of Directors • Sobrado Software AG, Cham, Chairman of the Board of Directors • ElectricFeel AG, Zürich, Member of the Board of Directors • Novo MOF AG, Villigen, Member of the Board of Directors • themissinglink ag, Cham, Member of the Board of Directors • Sustainable Real Estate Investments SICAV, Zürich, Chairman of the Board of Directors • Steiner Investment Foundation, Zürich, Member of the Board of Trustees Education • M. Sc. Electrical Engineering, ETH Zürich, Switzerland • DAS Finance, University of Zürich, Switzerland ILAN COHEN (1956) Nationality Israeli Position Member of the Board of Directors Board member since 2010 Professional background • Since 2019, Chairman and CEO of Caja Robotics • 2009 - 2019, President, Servotronix Motion System Ltd. • 2008 - 2009, General Manager, Kollmorgen Industrial & Commercial Engineered Solutions Ltd. (Danaher Group) • 1997 - 2008, President and CEO, Kollmorgen Servotronix Ltd. • 1987, Founder, Servotronix Ltd. • 1983 - 1990, Associate professor, University of Tel Aviv, Israel Other notable activities • Caja Robotics, Israel, Chairman of the Board of Directors • EZReider, Israel, Member of the Board of Directors • Negba Houses for Children at Risk in Israel, Chairman of the Board Education • Ph.D. Control System, Ecole Polytechnique de Bruxelles, Belgium • MSEE, CALTECH Pasadena, USA • M.Sc. and BSEE Electro-mechanical engineer, Ecole Polytechnique de Bruxelles, Belgium FRANÇOIS GABELLA (1958) Nationality Swiss Position Member of the Board of Directors, Member of the Strategy Committee Board member since 2018 Professional background • 2010 - 2018, CEO, LEM Group • 2006 - 2010, CEO, Tesa SA • 2002 - 2006, SVP, Areva • 1996 - 2002, Business Area Manager, ABB Power Transformers Other notable activities • Vice President of Swissmem, Zürich • Economie Suisse, Member of the Board, Zürich • Optotune AG, Dietikon, Member of the Board of Directors • Switzerland Global Enterprise, Zürich, Member of the Advisory Board • Fischer Connectors SA, Saint-Prex, Member of the Board of Directors • Sonceboz SA, Sonceboz, Member of the Board of Directors • Sensirion AG, Stäfa, Member of the Board of Directors • Nextlens AG, Dietikon, Member of the Board of Directors Education • M. Sc. Microtechnics EPFL, Lausanne, Switzerland • MBA IMD, Lausanne, Switzerland ULRICH J. LOOSER (1957) Nationality Swiss Position Member of the Board of Directors, Chairman of the Nomination & Compensation Committee, Member of the Audit and Risk Committee Board member since 2015 Professional background • Since 2009, Berg Looser Rauber & Partner (BLR&Partners) • 2001 - 2009, Accenture, various positions including Managing Director Austria/Switzerland/Germany Management Consulting and Chairman Accenture AG (Switzerland) • 1987 - 2001, McKinsey & Company, industry, energy, pharma and public sector practices, partner election 1993 Other notable activities • Kardex AG, Member of the Board of Directors • u-blox AG, Member of the Board of Directors • Bachofen Holding AG, Chairman of the Board of Directors • University of Zürich, Member of the University Council • Economiesuisse, Member of the Board • University Hospital Balgrist, Member of the Board • Swiss-American Chamber of Commerce • Swiss National Science Foundation, Member of the Executive Committee of the Foundation Council (until 31 Dec 2020), Member of the Foundation Council (ongoing) Education • M.Sc. Physics, ETH Zürich, Switzerland • M.A. HSG, University of St. Gallen, Switzerland UELI WAMPFLER (1950) Nationality Swiss Position Member of the Board of Directors, Chairman of the Audit & Risk Committee Board member since 2007 Professional background • Since 2004, Founder and Senior Partner, Wampfler & Partner AG, Zürich • 1998 - 2004, Director, STG Schweizerische Treuhandgesellschaft, Zürich • 1974 - 1998, STG Coopers & Lybrand, Zürich (Partner since 1991) Other notable activities • Swisa Holding AG (Swisa Group), Cham, Chairman of the Board of Directors • Merbag Holding AG (Merbag Group), Cham, Vice Chairman of the Board of Directors • Caspar Finanz AG (Traco Power Group), Baar, Member of the Board of Directors • Rebew AG, Zürich, Member of the Board of Directors • Voltano AG, Cham, Owner and Chairman of the Board of Directors Education • Lic. oec., University of Zürich, Switzerland • Certified auditor WERNER C. WEBER (1960) Nationality Swiss Position Member of the Board of Directors, Member of the Strategy Committee Board member since 2017 Professional background • Since 1998, weber schaub & partner ag, Partner • Prior thereto in particular Freddy Burger Management Group in Zürich as Legal Counsel and General Secretary, and PricewaterhouseCoopers AG in Zürich as Legal and Tax Counsel Other notable activities • WEMACO Invest AG, Zug, Member of Board of Directors • weber schaub & partner ag, Zürich, Member of the Board of Directors • Arosa Bergbahnen AG, Arosa, Member of the Board of Directors • Schilthornbahn AG, Lauterbrunnen, Member of the Board of Directors • City Parkhaus Aktiengesellschaft, Zürich, Member of the Board of Directors • MedioSearch AG, Bern / SkySmile AG, Zürich, Member of the Board of Directors Education • Dr. iur. University of Zürich, Switzerland • Admitted as an attorney-at-law in Zürich, Switzerland • Mediator SBA, Zürich, Switwerland ORGANIZATION BOARD COMMITTEES STRATEGY COMMITTEE ANDREAS HÜRLIMANN Chairman FRANÇOIS GABELLA Member WERNER C. WEBER Member AUDIT AND RISK COMMITTEE UELI WAMPFLER Chairman ULRICH J. LOOSER Member NOMINATION AND COMPENSATION COMMITTEE ULRICH J. LOOSER Chairman ANDREAS HÜRLIMANN Member ORGANIZATION SENIOR MANAGEMENT TEAM FRANK REHFELD CEO ANDREA BORLA Chief Financial Officer RODOLPHE BOSCHET Chief Human Resources Officer REBECCA CULLINAN Senior Vice President, Industry RAINER BOS Senior Vice President, Automotive The LEM Executive Management consists of the CEO, the CFO, the CHRO, the Head of Industry Division and the Head of Automotive Division. FRANK REHFELD (1968) Nationality German Function CEO LEM Group With LEM since 2016 Previous companies and positions • 2016 - 2018, SVP Industry, LEM Group • 2009 - 2015, VP Drives, Brose China Co., Ltd. • 2006 - 2009, Managing Director, Hella Shanghai Electronics Co., Ltd. • 2004 - 2006, Siemens VDO China, Director Body/Chassis Electronics • 1996 - 2004, Siemens VDO Germany, Director R&D Body/Chassis Electronics Education • Dipl. Eng. Electrical Engineering, Erlangen-Nuremberg, Germany ANDREA BORLA (1967) Nationality Swiss Function CFO LEM Group With LEM since 2015 Previous companies and positions • 2008 - 2015, CFO, Schindler France • 2003 - 2007, Field Operations Manager, Schindler China • 1999 - 2003, Area Controller, Schindler Asia Pacific • 1996 - 1999, Head of Group Consolidation, SAirGroup Education • Ph.D., M.A. HSG, Finance and Accounting, St. Gallen, Switzerland RODOLPHE BOSCHET (1967) Nationality French Function CHRO LEM Group With LEM since 2020 Previous companies and positions • 2019 - 2020, VP HR integration, Danaher • 2016 - 2019, Senior Vice President HR & Communications, Beckman Coulter • 2013 - 2016, Global Vice President HR & Communications, Radiometer • 2006 - 2013, Head of HR France, Europe, Chemistry Business Unit, Beckman Coulter • 2002 - 2006, HR Manager Europe, Datascope Corp • 1997 - 2002, International HR Manager, Cartier Education • Masters of Political Science, Paris Sorbonne, France • Masters in International Human Resources Management, ENS Cachan, France REBECCA CULLINAN (1970) Nationality British Function Senior Vice President Industry With LEM since 2019 Previous companies and positions • 2018 - 2019, Managing Director, South Europe, Middle East & Africa, Automotive Lighting/Magnetti Marelli • 2015 - 2018, Managing Director, South East Asia, Valeo • 2002 - 2015, Various Management Position, France, Valeo • 1998 - 2002, Senior Consultant, UK, IHS Global Insight Education • MBA University of Westminster UK, BSc in Mechanical Engineering, Jiangsu University China RAINER BOS (1962) Nationality German Function Senior Vice President Automotive With LEM since 2015 Previous companies and positions • 2011 - 2015, General Manager, Amphenol Tuchel Electronics GmbH • 2001 - 2011, Business Unit Director, Delphi Deutschland GmbH • 1991 - 1999, Key Account Manager, Continental-Teves KGaA Education • Dipl. Eng. Industrial Engineering, TU Darmstadt, Germany KEY DATES SHAREHOLDERS' MEETINGS LEM's Ordinary General Meeting of the Shareholders for the financial year 2020/21 is scheduled on THURSDAY, 24 JUNE 2021, AT 14:30 (CEST) AGM Invitation 2021 Minutes 2021 Special Notice Based on Article 27 of the Ordinance 3 of the Swiss Federal Council of 19 June 2020 on Measures to Combat the Coronavirus, the Board of Directors regrettably had to decide to hold the Annual General Meeting of Shareholders 2021 of LEM HOLDING SA without the attendance of shareholders. PAST SHAREHOLDERS MEETINGS AGM Invitation 2020 Minutes 2020 AGM Invitation 2019 Minutes 2019 AGM Invitation 2018 Minutes 2018 Invitation, agenda and proposals 2017 Minutes 2017 LEM’S SHARE REGISTER Share Register - Registration c/o areg.ch ag Fabrikstrasse 10 CH-4614 Hägendorf, Switzerland Tel +41 62 209 16 60 Fax +41 62 209 16 69 Email info@areg.ch WEBCAST Click here FINANCIAL CALENDAR Events Date Third-quarter results 2021/22 4 February 2022 Year-end results 2021/22 24 May 2022 Annual General Meeting of Shareholders for the financial year 2021/22 30 June 2022 Dividend ex-date 5 July 2022 Dividend payment date 7 July 2022 DOWNLOADS AD-HOC ANNOUNCEMENTS Overview 2021/22 Archives 08 November 2021 LEM announces results for H1 2021/22: strong momentum despite supply chain challenges 28 July 2021 LEM announces results for Q1 2021/22: performance driven by continued rebound in global economy DOWNLOADS FINANCIAL PRESS RELEASES Overview 2021/22 2020/21 2019/20 2018/19 2017/18 2016/17 2015/16 Archives LEM announces results for H1 2021/22: strong momentum despite supply chain challenges LEM announces results for Q1 2021/22: performance driven by continued rebound in global economy LEM shareholders approve all AGM resolutions LEM announces robust financial results for full year 2020/21 LEM announces results for 9 months 2020/21: performance continues to improve LEM announces results for H1 2020/21: demonstrating resilience in face of Covid-19 LEM appoints new Chief Human Resources Officer LEM announces results for Q1 2020/21: sales, orders and profitability impacted by Covid-19 LEM announces steady financial results for full year 2019/20 LEM shareholders approve all AGM resolutions Publication of the Board of Directors of LEM HOLDING SA (English) Publication of the Board of Directors of LEM HOLDING SA (German) Publication of the Board of Directors of LEM HOLDING SA (French) 9M LEM announces results for 9 months 2019/20: performance in line with full year guidance despite challenging environment LEM announces new initiatives for operations in Switzerland and in Malaysia H1 LEM announces results for H1 2019/20: challenging economic environment reduces sales while profitability remains stable Statement of the Board of Directors of LEM HOLDING SA (French) Statement of the Board of Directors of LEM HOLDING SA (German) Statement of the Board of Directors of LEM HOLDING SA (English) LEM appoints new head of Industry segment Q1 LEM announces robust profitability maintained despite decline in sales LEM announces robust financial results for full year 2018/19 LEM shareholders approve all AGM resolutions Q3 LEM announces good sales performance and strong margins for first nine months (English) Q3 LEM announces good sales performance and strong margins for first nine months (French) Q3 LEM announces good sales performance and strong margins for first nine months (German) Half year results from April to September for the financial year 2018/19: Sustained growth in green cars sales and strong margins (English) Half year results from April to September for the financial year 2018/19: Sustained growth in green cars sales and strong margins (French) Half year results from April to September for the financial year 2018/19: Sustained growth in green cars sales and strong margins (German) Q1 LEM reports strong sales and robust margins (French) Q1 LEM reports strong sales and robust margins (German) Q1 LEM reports strong sales and robust margins (English) LEM’s shareholders approve all resolutions proposed by LEM’s Board of Directors (German) LEM’s shareholders approve all resolutions proposed by LEM’s Board of Directors (English) LEM’s shareholders approve all resolutions proposed by LEM’s Board of Directors (French) LEM reports changes in its announced management team Q4 and year-end results for the financial year 2017/18 (French) Q4 and year-end results for the financial year 2017/18 Q4 and year-end results for the financial year 2017/18 (German) LEM appoints new head of Industry segment Disclosure of shareholdings Q3 and first nine months results from April to December for the financial year 2017/18: LEM reports continued growth Half year results from April to September for the financial year 2017/18, LEM reports double-digit sales and profit growth – LEM’s Board of Directors appoints Frank Rehfeld as in-house successor to CEO François Gabella LEM optimizes its engineering and production footprint. Q1 results for the financial year 2017/18 (1 April to 30 June 2017). LEM’s shareholders approve all resolutions proposed by LEM’s Board of Directors. Q4 and year-end results for the financial year 2016/17: LEM confirms leading market position and strong profitability – dividend of CHF 35 per share proposed Q3 and first nine months results from April to December for the financial year 2016/17: LEM maintains robust operating margins Half year results from April to September for the financial year 2016/17: LEM reports stable sales and robust margins Q1 results for the financial year 2016/17 (1 April to 30 June 2016): LEM reports 8.7% sales growth and an EBIT margin of 20.0% LEM's shareholders approve all resolutions proposed by LEM’s Board of Directors Q4 and year-end results for the financial year 2015/16: LEM maintains net profit despite challenging market and currency conditions – dividend of CHF 35 per share proposed Quarterly results as of 31 December 2015 : LEM reports strong growth in the Automotive businesses and continuous operating margin improvements Half year results from April to September for the financial year 2015/16 : LEM’s business regained momentum in Q2 of 2015/16 Q1 results for the financial year 2015/16: LEM reports stable business development – Swiss franc appreciation weighed on sales and margins LEM’s shareholders approve all resolutions proposed by LEM’s Board of Directors Heinz Stübi interim CFO for LEM Q4 and year-end results for the financial year 2014/15: LEM delivers sales growth and high margins in financial year 2014/15 despite adverse currency impact – stable dividend proposed LEM strengthens its Executive Management to focus on business development and growth – Creation of new position of a head of the Industry segment LEM appoints new head of Automotive segment Q3 results from October to December for the financial year 2014/15: LEM maintains high operating margins Half year results from April to September for the financial year 2014/15: LEM reports continued sales growth and strong EBIT margin Q1 results for the financial year 2014/15: LEM reports continued sales growth and an EBIT margin of 20.8% DOWNLOADS FINANCIAL REPORTS Overview 2021/22 2020/21 2019/20 2018/19 2017/18 2016/17 2015/16 Archives Financial Half Year Report 2021/22 Financial Report 2020/21 Annual Review 2020/21 Financial Half Year Report 2020/21 Financial Report 2019/20 Annual Review 2019/20 Financial Half Year Report 2019/20 Annual Review 2018/19 Financial Report 2018/19 Half Year Report 2018/19 Annual Report 2017/18 Half Year Report 2017/18 LEM Annual Report 2016/17 LEM Half Year Report 2016/17 LEM Annual Report 2015/16 LEM Half Year Report 2015/16 LEM Annual Report 2014/15 LEM Half Year Report 2014/15 LEM Annual Report 2013/14 LEM Half Year Report 2013/14 LEM Annual Report 2012/13 LEM Half Year Report 2012/13 LEM Annual Report 2011/12 LEM Half Year Report 2011/12 LEM Annual Report 2010/11 LEM Half Year Report 2010/11 LEM Annual Report 2009/10 LEM Half Year Report 2009/10 LEM Annual Report 2008/09 LEM Half Year Report 2008/09 LEM Annual Report 2007/08 LEM Half Year Report 2007/08 DOWNLOADS PRESENTATIONS Overview 2021/22 2020/21 2019/20 2018/19 2017/18 2016/17 2015/16 Archives Half Year Results 2021/22 Year End Results 2020/21 9 Months Results 2020/21 Half Year Results 2020/21 Year End Results 2019/20 9 Months Results 2019/20 Half Year Results 2019/20 Year End Results 2018/19 Third Quarter Results 2018/19 Half Year Results 2018/19 First Quarter 2018/19 Year End Results 2017/18 Third Quarter Results 2017/18 Half Year Results 2017/18 First Quarter 2017/18 Year End Results 2016/17 Third Quarter Results 2016/17 Half Year Results 2016/17 First Quarter Results 2016/17 Year End Results 2015/16 Third Quarter Results 2015/16 Half Year Results 2015/16 First Quarter Results 2015/16 Year End Results 2014/15 Third Quarter Results 2014/15 Half Year Results 2014/15 First Quarter Results 2014/15 Year End Results 2013/14 Third Quarter Results 2013/14 Half Year Results 2013/14 Investor Presentation August 2013 First Quarter Results 2013/14 Year End Results 2012/13 Third Quarter Results 2012/13 Half Year Results 2012/13 First Quarter Results 2012/13 Year End Results 2011/12 Third Quarter Results 2011/12 Half Year Results 2011/12 First Quarter Results 2011/12 Year End Results 2010/11 9 Month Results for FY 2010/11 Half Year Results 2010/11 First Quarter Results 2010/11 9 Month Results For FY 2009/10 Half Year Results 2009/10 First Quarter Results 2009/10 Year End Results 2008/09 Year End Results 2009/10 9 Month Results For FY 2008/09 * Dial-in details/venue to be communicated c. 3 weeks prior to event ** New dates Stay Informed Subscribe to Newsletter Email Follow Us Contact ARGENTINA AUSTRALIA AUSTRIA AUTOMOTIVE BELARUS BELGIUM BOSNIA & HERZEGOVINA BRAZIL BULGARIA CAMBODIA CANADA CROATIA CZECHIA DENMARK FINLAND FRANCE GERMANY HUNGARY INDIA INDONESIA IRELAND ISRAEL ITALY JAPAN LAOS LUXEMBOURG MALAYSIA MEXICO MONTENEGRO MYANMAR (BURMA) NETHERLANDS NEW ZEALAND NORWAY PAKISTAN PHILIPPINES POLAND PORTUGAL ROMANIA RUSSIA SERBIA SINGAPORE SLOVAKIA SLOVENIA SOUTH AFRICA SOUTH 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