Snap-On – Economic revival leads to strong results for tool manufacturer!

Business Driver: Snap-On (SNA) has established itself as one of the leading manufacturers of tools for the professional sector. The product range includes both 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 recently been able to significantly improve its margins due to cost-cutting measures, and with sales, particularly in the automotive segment, rebounding due to...