EQS-Adhoc: Von Roll reports a successful first quarter 2017
EQS Group-Ad-hoc: Von Roll Holding AG / Key word(s): Quarterly / Interim
Statement
Von Roll reports a successful first quarter 2017
11-Apr-2017 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
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Von Roll reports a successful first quarter 2017
-Turnover rises by 8.5% to CHF 93.2 million
- Positive operating profit of CHF 4.6 million
- Increase in the EBIT margin to 4.9%
- Positive net profit of CHF 0.2 million
Au / Wädenswil, 11 April 2017 - Von Roll Holding AG published its first quarter
2017 results today. Following a lean period of over 4 years, the Von Roll Group
has once again returned to a positive first quarter profit, amounting to CHF 4.6
million (previous year: CHF -3.4 million). At CHF 96.0 million, orders received
in 2017 are significantly above the last year's level of CHF 88.0 million, and
turnover has risen by 8.5% to CHF 93.2 million.
The main drivers of the positive business development were successful structural
improvements and increased demand for our products in the Electrical Insulation
and Composites sectors. Based on rising order volumes and the programmes
launched in the new business year to increase both sales and production
efficiency, the Von Roll Group is confident about the business outlook for the
remainder of 2017.
Key figures
in CHF 1,000 Q1-2017 Q1-2016 Change
Order intake 95,979 88,030 +9.0%
Net sales 93,214 85,895 +8.5%
thereof Electrical Insulation 64,581 58,323 +10.7%
thereof Composites 27,568 26,008 +6.0%
thereof Other activities 1,065 1,564 -31.9%
EBIT 4,569 -3,436 +233.0%
Net income for the period 242 -6,600 +103.7%
About Von Roll Holding AG: As a Swiss industrial company, Von Roll Holding AG
focuses on products and systems for power generation, transmission and
distribution. Von Roll is a global market leader for electrical insulation
products, systems and services and has a worldwide presence in 29 sites with
around 1,700 employees.
Contact:
Claudia Guentert, Corporate Communications
T: +41 44 204 3529, F: +41 44 204 3007, E: press@vonroll.com
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End of ad hoc announcement------------------------------------------------------
Language: English
Company: Von Roll Holding AG
Steinacherstr. 101
8804 Au
Switzerland
Phone: +41 44 204 3500
Fax: +41 44 204 3007
E-mail: reception@vonroll.com
Internet: www.vonroll.com
ISIN: CH0003245351
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart;
Open Market in Frankfurt; SIX Swiss Exchange
End of Announcement EQS Group News Service
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563907 11-Apr-2017 CET/CEST
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