EANS-Adhoc: Von Roll Holding AG
Profit warning for fiscal year 2012
18.01.2013 – 07:02
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Financial Figures/Balance Sheet/Profit warning 18.01.2013 - Difficult market conditions in second half-year - Earnings for 2012 heavily impacted by extraordinary charges Au / Wädenswil, Switzerland, 18 January 2013 - Due to persistently difficult market conditions in the second half of 2012, Von Roll Holding AG has recorded significantly weaker sales in its core markets. Consolidated sales for the 2012 business year declined by 8.5% from CHF 543 million to CHF 497 million, with a significant 16.4% decline especially in the fourth quarter 2012. Large and technically demanding projects in the transformer business resulted in delivery delays and extraordinary expenses. Reorganization and restructuring projects also impacted transformer business during the second half of 2012. Furthermore, non-recurring charges and impairment losses on intangible assets negatively affected the operating result. Von Roll expects a sharp overall decline for the fiscal year 2012. However, the Von Roll equity ratio continues to reflect an outstandingly robust balance and financing structure. The results of the fiscal year 2012 will be published on 18 March 2013. About Von Roll Holding AG: Von Roll is an international, medium-sized industrial company specialising in products and services for electrical insulation, electrical technology and power transmission and distribution as well as water treatment. Based in Switzerland, Von Roll has around 3,000 employees and is represented at over 30 production and distribution sites across the world. end of ad-hoc-announcement ================================================================================ This press release is based on information currently available. Unforeseeable risks and influences may lead to discrepancies with statements portrayed here. Furthermore, rounding differences may lead to discrepancies in the reported figures. The release is originally prepared in German and then translated into English. In the event of any discrepancy, the German version prevails. For more detailed information on the company and business development, please see the Annual and Semi-Annual Report of Von Roll Holding AG. They are available in digital form at http://www.vonroll.com/en/financial-reports.html. Further inquiry note: Susanne Nelsen Corporate Communications T: +41 44 204 3034, F: +41 44 204 3039, E: press@vonroll.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Von Roll Holding AG Steinacherstrasse 101 CH-8804 Au / Wädenswil phone: +41 (0)44 204 30 34 FAX: +41 (0)44 204 30 39 mail: press@vonroll.com WWW: http://www.vonroll.ch sector: Misc. Industrials ISIN: CH0003245351 indexes: SPI, Midcap Market Index stockmarkets: Main Standard: SIX Swiss Exchange language: English