Phoenix Mecano is a global player in the components segment. Our components for the industry are found in the German highspeed train as well as in the Airbus, the automotive industry, in the home and hospital care sector in all areas of the machine industry, and in the industrial electronics sectors. 

Since we were founded we have remained loyal to our core philosophy: we have consistently focused on components and made our production more professional and optimized.

We lead in most of the markets in which we are active. The Group's products are sold in Europe, the USA, South America and Asia.

In Switzerland Phoenix Mecano is represented in two locations. The main office of the holding company and Phoenix Mecano Komponenten AG, which produces all products made by the various Phoenix subsidiaries, is located in Stein am Rhein. Phoenix Mecano Management AG has its main office at Lindenstrasse 23 in Kloten in the canton of Zurich. Operative management for the entire Group is conducted from here.

Our organisation is highly streamlined. Operative responsibility is distributed among division heads and managers of the various subsidiaries.

Since we went public on the stock market in 1988, our investors' interests have been our main priority. We mainly focus on investors who are looking for long-term success. We have always only had bearer shares, no restriction of transferability and no restrictions on voting rights.Our dividend policy is conservative, because as a growth company we utilise the cash flow to develop the company and thus to create added value for shareholders. Moreover, as a small cap company we do not have unlimited access to the financial resources of the capital markets. In 2002 the General Meeting of Shareholders decided, to reduce the nominal value, which until now had been CHF 10, was reduced in two steps to CHF 1. The share buyback programm amounting to a maximum of 40 000 bearer shares or maximum CHF 10 million, which had been decided by the Board of Directors in March 2005 was completed in January 2006. The Shareholders General Meeting of 26 May 2006 decided to reduce the capital by the total buyback volume realised of 30 500 bearer shares.

The Board of Directors decided to launch a share buyback programme worth up to CHF 30 million as a means of effecting a captial decrease. This will last until 15 october 2009 at the latest.