Schuler Group

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Andritz Schuler GmbH is a German company headquartered in Göppingen, Baden-Württemberg which operates in the field of forming technology and is the world's largest manufacturer of presses. The presses are used to create car body sheets and other car parts as well as items such as beverage and aerosol cans, coins, sinks, large pipes, and parts for electric motors. The company has production sites in Germany, Switzerland, Brazil, USA and China and in addition to the automotive industry and its suppliers, it also supplies the household appliances and electrical industry, the forging, energy, aerospace and railway industries as well as mints. In total, the company has a presence in 40 countries with its own sites and representatives. As of December 31, 2016, the company employed 6,617 people and in the 2016 fiscal year, it achieved a turnover of €1.2 billion. Earnings before interest and taxes (EBIT) grew in 2015 to €95.4 million, the Group result was €77.4 million. Schuler AG's shares were listed on the regulated market on the Frankfurt and Stuttgart stock exchanges. When the public float portion fell below 10% in 2012, Schuler fell off the SDAX share index. In 2014 the shares were delisted from the regulated stock exchange; today, the shares are only listed on the open market on the Munich stock exchange. In 2025, Schuler announced that it will operate under the name Andritz Schuler in future.