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Facts & Figures

GF comprises four divisions: GF Piping Systems, GF Building Flow Solutions, GF Casting Solutions and GF Machining Solutions.

Founded in 1802, the Corporation – with its divisions GF Piping Systems, GF Building Flow Solutions, GF Casting Solutions and GF Machining Solutions – is headquartered in Switzerland. At the end of 2023, it was present in 45 countries with 187 companies, 76 of which are production companies with 105 facilities. GF’s 19'824 employees worldwide generated sales of CHF 4'026 million in 2023.

CHF million
2023
2022
2023²
CHF million 2023 2022 2023²
Order intake 3'938 4'227 3'771
Orders on hand  827 931 779
Sales 4'026 3'998 3'861
Sales growth % 0.7 7.4 -3.4
Organic growth % 3.7 13.5 3.7
EBITDA (comparable)¹ 511 507 492
EBITDA margin (comparable)¹ % 12.7 12.7 12.8
EBITDA 486 507 492
EBITDA margin % 12.1 12.7 12.8
EBIT (comparable)¹ 389 391 378
EBIT margin (comparable)¹ % 9.7 9.8 9.8
EBIT 365 391 378
EBIT margin % 9.1 9.8 9.8
Net profit shareholders GF 235 276  
Free cash flow before
acquisitions/divestments
134 146  
Invested capital (IC) 1'707 1'277 1'342
Return on invested capital (ROIC) (comparable)¹ % 21.5 23.4 23.8
Return on invested capital (ROIC) % 19.8 23.4 23.8
Number of employees 19'824 15'207 16'137

¹Without PPA effects on inventory and items affecting comparability out of the Uponor acquisition.
²GF Corporation excl. positions & effects of Uponor, for comparative purpose only.

CHF million
2023
2022
CHF million 2023 2022
Order intake 1'954 2'319
Orders on hand at year end 300 442
Sales 2'066 2'160
Sales growth % -4.4 9.6
Organic growth % 3.0 13.3
EBITDA 327 341
EBITDA margin % 15.8 15.8
EBIT 275 291
EBIT margin % 13.3 13.5
Invested capital (IC) 758 705
Return on invested capital (ROIC) % 31.1 35.6
Number of employees 8'798 8'085
CHF million
2023
CHF million 2023
Order intake 167
Orders on hand at year-end 47
Sales 164
EBITDA (comparable)² 19
EBITDA margin (comparable)² % 11.3
EBITDA -6
EBITDA margin % -3.7
EBIT (comparable)² 11
EBIT margin (comparable)² % 6.9
EBIT -13
EBIT margin % -8.2
Invested capital (IC) 365
Number of employees 3'687

¹GF Building Flow Solutions key figures only cover the months of November and December 2023.
²Without PPA effects on inventory and items affecting comparability out of the Uponor acquisition.

CHF million
2023
2022
CHF million 2023 2022
Order intake 912 965
Orders on hand at year-end 269 284
Sales 910 892
Sales growth % 2.0 1.4
Organic growth % 11.4 17.2
EBITDA 104 99
EBITDA margin % 11.4 11.1
EBIT 64 55
EBIT margin % 7.0 6.2
Invested capital (IC) 315 326
Return on invested capital (ROIC) % 17.6 11.2
Number of employees 3'792 3'570
CHF million
2023
2022
CHF million 2023 2022
Order intake 907 945
Orders on hand at year end 211 206
Sales 887 948
Sales growth % -6.5 8.7
Organic growth % -1.9 10.9
EBITDA 75 81
EBITDA margin % 8.4 8.6
EBIT 60 67
EBIT margin % 6.8 7.0
Invested capital (IC) 267 196
Return on invested capital (ROIC) % 22.9 31.7
Number of employees 3'377 3'398