Switzerland
Switzerland

LEM International SA

Chemin des Aulx 8,
P.O. Box 35
1228 Plan les Ouates
Switzerland

http://www.lem.com
Contact Us Contact Us
Switzerland
Switzerland

LEM International SA

Chemin des Aulx 8,
P.O. Box 35
1228 Plan les Ouates
Switzerland

http://www.lem.com
Contact Us Contact Us

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

E-mail: investor@lem.com
Phone: +41 22 706 12 50

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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

2012/13 2013/14 2014/15 2015/16 2016/17 2017/18
Earnings per share (CHF) 28.48 40.09 37.86 38.18 39.11 46.78
Equity per share (CHF) 73.73 82.63 80.65 75.35 79.37 95.64
Dividend per share (CHF) 30 40 40 35 35 40
Dividend yield per 31 March (%) 5.09 5.69 5.01 4.29 3.75 2.52
Payout ratio (%) 105.3 99.8 105.7 91.7 89.4 85.5

Analyst coverage

Various banks and their analysts follow LEM’s activities. Find names and contact details of analysts here: 

Bank Vontobel Michal Lichvar +41 58 283 77 29
michal.lichvar@vontobel.ch
Kepler Cheuvreux Benjamin Terdjman +41 22 994 1758
bterdjman@keplercheuvreux.com
Research Partners Reto Huber +41 44 533 40 30
reto.huber@researchpartners.ch

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. None of them has ever held an executive position at LEM.

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

Board member since
2011

Professional background
• Since 2011, Independent board professional and 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., London and Paris
• 1990 - 1999, international business development, sales and management roles with Siemens Schweiz AG, ABB Kraftwerke AG and Oerlikon Aerospace Inc., Zürich, Baden, Montreal

Other notable activities
• Notenstein Real Estate Investments SICAV, St. Gallen, Chairman of the Board of Directors
• Humanis AG, Chairman of the Board of Directors
• Sobrado Software AG, Chairman of the Board of Directors

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, Member of the Strategy Committee

Board member since
2010

Professional background
• Since 2010, 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
• Board member, Servotronix Motion Control Ltd., Israel

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

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 Transformer

Other notable activities
• Member of Swissmem's Executive Committee
• Member of the Board of Directors of Optotune AG located in Dietikon

Education
• M. Sc. Microtechnics EPFL, Lausanne, Switzerland
• MBA, IMD, Lausanne, Switzerland



Ulrich J. Looser (1957)

Nationality
Swiss

Position
Member of the Board of Directors, Member of the Audit & Risk Committee, Chairman of the Nomination & Compensation 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
• Straumann Holding AG, Member of the Board of Directors
• Kardex AG, Member of the Board of Directors
• Bachofen Holding AG, Chairman of the Board of Directors
• Econis AG, Chairman of the Board of Directors / Co-owner
• Spross Entsorgungs Holding AG, Member 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, Head of Chapter “Doing Business in the US”
• Swiss Study Foundation, Head of Finance Committee
• Swiss National Science Foundation, Member of the Executive Committee of the Foundation Council

Education
• M.Sc. Physics, ETH Zurich, 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
• Chairman of the Board of Directors, Swisa Holding AG, Cham (Swisa Group);
• Vice Chairman of the Board of Directors, Merbag Holding AG, Cham (Merbag Group)
• Member of the Board of Directors, Caspar Finanz AG, Baar (Traco Power Group); Rebew AG, Zürich; Otto Frey Beteiligungen AG, Lupfig (Otto Frey Group)

Education
• Lic. oec., University of Zürich, Switzerland
• Certified auditor


Werner C. Weber (1960)

Nationality
Swiss

Position
Member of the Board of Directors

Board member since
2017

Professional background
• Since 1998, weber schaub & partner ag, Partner
• Prior thereto in particular Freddy Burger Management Group in Zurich as legal counsel and general secretary and PricewaterhouseCoopers AG in Zurich as legal and tax counsel


Other notable activities
• WEMACO Invest AG, Zug, Member of Board od Directors
• weber schaub & partner ag, Zurich, Member of the Board of Directors
• Arosa Bergbahnen AG, Arosa, Member of the Board of Directors
• Schilthhorn AG, Lauterbrunnen, Member of the Board of Directors
• City ParkhausAktiengesellschaft, Zurich, Member of the Board of Directors 
• MedioSearch AG, Bern / SkySmile AG, Zurich, Member of the Board of Directors


Education
• Dr. iur. University of Zurich, Switzerland
• Admitted as an attorney-a-law in Zurich, Switzerland
• Admitted as an attorney-a-law in Zurich, SwitzerlandMediator SAV, Zurich, Switwerland

 

Organization

BOARD COMMITTEES

STRATEGY COMMITTEE

Andreas Hürlimann

Chairman

Ilan Cohen

Member

AUDIT AND RISK COMMITTEE

Ueli Wampfler

Chairman

Ulrich J. Looser

Member

NOMINATION AND COMPENSATION COMMITTEE

Ulrich J. Looser

Chairman

Andreas Hürlimann

Member
Organization

Executive Management

Frank Rehfeld

CEO

Andrea Borla

Chief Financial Officer

Frank Rehfeld

Senior Vice President, Industry

Rainer Bos

Senior Vice President, Automotive

The LEM Executive Management consists of the CEO, the CFO, the Head of Industry Division and the Head of Automotive Division.

 

Frank Rehfeld (1968)

Nationality
German

Function
CEO LEM Group and Senior Vice President Industry

With LEM since
2016

Previous companies and positions
• 2016 - 2018, SVP Industry, LEM
• 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


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 2017/18 is scheduled on

Thursday 28 June 2018 at 15h30

at University of Freiburg, Auditorium A 120, Boulevard de Pérolles 90, 1700 Fribourg (Switzerland).

 

AGM Invitation 2018


View on Google Map

 

Past Shareholders Meetings

Invitation, agenda and proposals 2017

Minutes 2017

 

LEM’s Share Register

Share Register - Registration
c/o Computershare Schweiz AG
P.O. Box
CH-4601 Olten, Switzerland

Tel +41 62 205 7700
Fax +41 62 205 7790

Email share.register@computershare.ch

Financial Calendar

Events Date/hour
Annual General Meeting of Shareholders for the year 2017/18 28 June 2018
Shareholders meeting in Fribourg 15h30
Dividend ex-date 3 July 2018
LEHN trades less 2017/18 dividend From trading start
Dividend payment date 5 July 2018
First-quarter results 2018/19 31 July 2018
Half-year results 2018/19 6 November 2018
Third-quarter results 2018/19 1 February 2019
Year-end results 2018/19 22 May 2019
Annual General Meeting of Shareholders for the financial year 2018/19 27 June 2019
Dividend ex-date 2 July 2019
Dividend payment date 4 July 2019
Downloads

Financial Press Releases

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

Q4 and year-end results for the financial year 2017/18 (German)

Q4 and year-end results for the financial year 2017/18 (French)

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

Heinz Stübi interim CFO for LEM

LEM’s shareholders approve all resolutions proposed by LEM’s Board of Directors

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

Q1 results for the financial year 2014/15: LEM reports continued sales growth and an EBIT margin of 20.8%

Half year results from April to September for the financial year 2014/15: LEM reports continued sales growth and strong EBIT margin

Downloads

Financial Reports

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

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

Half Year Results 2008/09

Year End Results 2007/08

Results For The 9 Months 2007/08

Half Year Results 2007/08

* Dial-in details/venue to be communicated c. 3 weeks prior to event
** New dates

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