ANNUAL REPORT

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14 multIPle IndustrIal sKIlls The Watches and Jewelry Division specializes in developing, manufacturing, selling and distributing precious metal alloys in the form of semi-finished and finished products for the watch-making, jewelry and other luxury markets. InnovatIon, qualIty and servIce as a vehIcle For growth Precious metals in the luxury markets continue to attract demand around the world. Each year sees the appearance of new developments and trends, going from yellow to red and white gold, platinum and more recently palladium. Over the years, persistent innovation has positioned Metalor as a benchmark supplier to the luxury Swiss watch making indus- try. The Research and Development department continually develops new alloys in response to market demand as well as individual customer needs. Furthermore, industrialization is guar- anteed by a team of skilled engineers transforming the new alloys into semi-finished and finished products. Thanks to our ability to deliver a wide range of precious metal alloys in vari- ous shapes and sizes (tubes, cases, washers, wires, sheets, profiles etc.), Metalor has emerged as the preferred partner of leading watch brands and jewelers. Along with quality, reliability and customer service have remained the focus of our organization. This approach has allowed the company to enter other areas of growth such as luxury telephones and finished jewelry. To support this activity, the division has recently invested in new machinery.
eFFIcIency and relIabIlIty to suPPort our customers Rising precious metal prices coupled with ever shorter lead times are putting considerable pressure on manufacturing and supply chains. At Metalor, the redesigning of mate- rial flows has allowed production processes to speed up considerably. Greater efficiency and flexibility have been reached by delegating responsi- bility and decision making to autono- mous shop floor units. By adopting a quality assurance process, a num- ber of these units have consistently improved in-house quality. Last but not least, investments in machinery and software have helped us reduce drastically the “time to market” of new products. WaTches anD JeWelry Division The division offers its customers a refining service for their manufacturing scrap as well as managing their precious metal accounts. The reliability of this service is the result of a combination of know-how and unique skills that is proving to be of paramount importance to our customers. 15
Page 1 and 2: AnnuAl report 2006
Page 3: Table of conTenTs IntroductIon Fore
Page 6 and 7: 4 Revenue growth in CHF terms for t
Page 8 and 9: 6 metalor In brIeF a global grouP F
Page 10 and 11: 8 hIghlIghts 2006 reFInIng dIvIsIon
Page 12 and 13: 10 relIable PerFormance Metalor Ref
Page 14 and 15: 12 exPerts The Advanced Coatings Di
Page 18 and 19: 16 comPlete solutIons Metalor’s E
Page 20 and 21: 18 PrecIous metal PrIces PrIce tren
Page 22 and 23: 20 FInancIal year 2006 rePort The y
Page 24 and 25: 22 consolIdated statement oF Income
Page 26 and 27: 24 consolIdated statement oF change
Page 28 and 29: 26 the oPeratIng comPanIes oF the m
Page 30 and 31: 28 governIng bodIes (As of December
Page 32: Metalor Technologies International

ANNUAL REPORT

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