DGAP-Adhoc: HOCHDORF Holding AG: A Pleasing result under challenging circumstances
HOCHDORF Holding AG / Key word(s): Half Year Results
21.08.2013 15:25
Release of an ad hoc announcement pursuant to Art. 53 KR
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Hochdorf, 21 August 2013 - The HOCHDORF Group processed a total of 229.3
million kg of milk, whey and permeate in the first six months of the year.
Gross sales revenue stands at CHF 182.5 million - slightly below last
year's figure of CHF 184.3 million. The significantly lower milk receipts,
persistent pressure exerted by prices and imports as well as the strong
Swiss franc made it a testing time for the Group. Business activities from
the first half of the year resulted in a lower EBITDA compared to the
previous year of CHF 8.4 million (previous year CHF 9.2 million).
Operational net profit rose by 108.2% to CHF 1.8 million, with an
improvement in the operational net profit margin to 1.0% (first six months
of 2012: 0.5%). This is a pleasing result given the market situation
outlined and the transition phase in top management.
The detailed information on the half-year results will be published today
after 5:30 p.m.
Contact:
Dr. Christoph Hug, Head of Corporate Communications, HOCHDORF Group
Tel: +41 (0)41 914 65 62 / +41 (0)79 859 19 23, christoph.hug@hochdorf.com
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Information and Explaination of the Issuer to this News:
The HOCHDORF Group, based in Hochdorf, achieved a consolidated gross sales
revenue of CHF 346.6 million in 2012. It is one of the leading foodstuff
companies in Switzerland, employing 381 staff as of 31.12.12 (356 full-time
staff). Made from natural ingredients such as milk and wheat germ, HOCHDORF
products have been contributing to our health and wellbeing since 1895 -
from babies to senior citizens. Its customers include the food industry and
the wholesale and retail sectors and its products are sold in around 80
countries. Hochdorf shares are traded on the SIX Swiss Exchange in Zurich
(ISIN CH0024666528).
21.08.2013 News transmitted by EQS Schweiz AG.
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Language: English
Company: HOCHDORF Holding AG
Siedereistrasse 9
6281 Hochdorf
Switzerland
Phone: +41 41 914 65 65
Fax: +41 41 914 66 66
E-mail: hochdorf@hochdorf.com
Internet: www.hochdorf.com
ISIN: CH0024666528
Valor:
Listed: SIX
End of Announcement EQS Group News-Service
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