Schott AG Company Profile
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Schott AG
Technology
- Type
Public
- Headquarters
Germany
- Establishment
1884
- Key Management
Mr. Frank Heinricht (CEO)
- Revenue
~ 2,962.4 (2021)
- Headcount
~ 17,300 (2021)
- Website
Business Description
Schott AG is an international leader in technology, specializing in specialty glass and its ceramics. Schott AG is the parent company with its headquarters in Mainz, Germany. It is owned entirely by the Carl Zeiss Foundation. The company Schott AG has more than 130 years of experience in technology, material, and development. It offers a wide range of intelligent solutions and high-quality products. As a foundation company, Schott assumes special responsibility to its employees, society, and environment. Scott is a pioneer in various industries, including electronics, life sciences, and optics. Schott is committed to innovation, sustainability, and a role in everyone’s lives.
Key Financials
Revenue (US$ Mn)
- US$ 2,962 Mn was the annual revenue generated by Schott AG in 2021
Operating Income (US$ Mn)
- Schott AG’s operating income for 2021 was US$ 457 Mn, a 35.22% increase from 2020
- The operating income generated by Schott AG in 2020 was US$ 338 Mn
- Schott AG generated an operating income of US$ Mn in 2018
Net Income (US$ Mn)
- US$ 339 Mn was Schott AG’s net income in 2021, a 45.6% increase from 2020 figures
Operating Margin %
- 15% was the operating margin generated by Schott AG in 2021
Gross Margin %
- Schott AG’s gross margin for 2021 was 11%, a 29.55% increase from 2020
- The gross margin generated by Schott AG in 2020 was 9%
SWOT Analysis
Strengths
Diversified business operations
SCHOTT is a multi-faceted company with operations in many industries. The company offers solutions for many industries through its diversification. SCHOTT provides products and services in many areas including electronics, pharmaceuticals, electronics, optics, and the aviation industry. The company provides glass-to-metal and ceramic-to-metal sealing services, as well as specialty glass components. It also offers primary packaging and glass tubing for the pharmaceutical industry. The company provides parenteral packaging for the pharmaceutical industry, including vials, ampoules, and cartridges. The company creates custom solutions and products for optics applications. This includes astronomy and lithography. The company also offers products that can be integrated into home appliances to use in the living and kitchen areas, as well as commercially presenting cold and frozen foods. A diversified portfolio of operations reduces the impact of market risks and leads to overall revenue growth. This allows the company to take advantage of opportunities in different markets.
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