2017 was characterised by investment, integration and acquisition for the HOCHDORF Group. Investment: additional capacities for the production of Swiss-made infant formula will be available from mid-2018. Integration: the cooperation with Pharmalys is working successfully. Acquisition: the acquisition of Zifru Trockenprodukte GmbH and the Snapz brand will enable the Cereals & Ingredients Division to continue with strategy implementation. Turnover and income figures reached new highs.
The HOCHDORF Group
The HOCHDORF Group, which was founded in 1895 and has its headquarters in Hochdorf (near Lucerne) maintains two milk plants in Switzerland and one milk plant in both Lithuania and Germany (60% stake). In addition, high-quality infant formula is produced at the Swiss milk plants. Furthermore, HOCHDORF has a cereal plant in Switzerland (processing wheat germ) and an oil mill and a fruit and vegetable-drying plant in Germany. In South Africa, HOCHDORF produces chocolate for the African market. As of the end of 2017, HOCHDORF had a 51% majority holding in the Pharmalys Group and a 65% stake in Snapz Foods AG. HOCHDORF is among the leading food companies in Switzerland and at 31.12.2017 had more than 700 employees worldwide. HOCHDORF products contribute towards health and well-being, from babies to senior citizens. The products are sold to the food industry and to the wholesale and retail trade and consumers in over 90 countries.
Our strategic objective
The HOCHDORF Group is an independent global company operating in the business areas Dairy Ingredients, Baby Care and Cereals & Ingredients. As a food company, we are guided by the Swiss values of «reliability», «quality» and «precision». As a company operating in niche markets, it is HOCHDORF’s aim to keep the agility of a medium-sized company and conquer new markets by showing the necessary courage. The HOCHDORF Group focuses on premium markets and offers its customers a correspondingly high standard of service. In the medium term, HOCHDORF wants to grow with high-value-added products such as higher quality milk derivatives, infant formula and healthy Kids' Food and snacks. To improve its earnings figures, HOCHDORF is aiming for forward integration in terms of both sales and products.
Key figures in the annual report
|Processed milk and whey in tonnes||650,017||741,769||761,240||506,963||455,647|
|Products sold, in tonnes||190,499||237,054||242,821||99,155||91,699|
|Total assets (in TCHF)||582,270||425,474||340,396||331,109||243,485|
|Cash flow from operating activities (in TCHF)||6,019||24,227||18,134||20,546||18,196|
|Market capitalisation (in TCHF)||410,700||444,417||242,044||147,787||93,600|
|Share price as at 31.12. in CHF||286.25||309.75||168.70||138.00||104.00|
|Earnings per share in CHF||18.43||14.12||11.73||17.45||6.95|
|Staffing levels at 31.12.||695||633||625||573||362|