Snap-On – Economic Revival Leads to Strong Results for Tool Manufacturer!

Business drivers: Snap-On (SNA) has established itself as one of the leading manufacturers of tools for the professional sector. The product range includes hand tools, power battery exchange tools, workshop accessories, and tool cabinets as well as automotive tools. In addition, Snap-On addresses other sectors such as aerospace and defense with its diverse portfolio. As Snap-On has significantly improved its margins thanks to cost-cutting measures and sales, especially in the automotive segment, have picked up again due to the robust outlook in...