EQS-Adhoc: Mikron Holding AG: Mikron reports slightly higher net sales
EQS Group-Ad-hoc: Mikron Holding AG / Key word(s): Final Results
Mikron Holding AG: Mikron reports slightly higher net sales
22.01.2015 / 07:00
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------
Media release on preliminary volume figures for 2014 financial year
Mikron reports slightly higher net sales
Biel, 22 January 2015, 7.00 a.m. - In the 2014 fiscal year, the Mikron
Group increased net sales by 3 percent to CHF 249.5 million (previous year:
CHF 241.1 million) and reported order intake of CHF 244.8 million (previous
year: CHF 246.4 million), virtually equaling the year-back figure. 2014
closed with order backlog down 4 percent at CHF 117.0 million (end of 2013:
CHF 122.4 million). As announced at the end of October 2014, EBIT will be
in positive territory, but lower than in 2013. It is still too early to
predict how the decision of the Swiss National Bank to abandon its currency
floor against the euro will affect the Mikron Group's performance.
The Mikron Group's business areas and markets performed very differently in
2014. Whereas the medical devices and pharmaceutical industries and the US
economy in general made significant progress, a widespread mood of caution
and uncertainty affected demand for capital goods in Europe, as felt most
acutely by the Machining business segment. The solid demand from
Switzerland seen in previous years also slowed down considerably. The weak
euro also affectecd competitiveness. The Mikron Group nonetheless succeeded
in defending the pole market position held by both business segments in
Europe. Healthy capacity utilization levels in the automotive industry had
an additional favorable impact on the tool and service business. Although
developments in the Asian markets fell short of expectations in the year
under review, Mikron was still able to win a number of new customers and
strengthen local competencies.
The Annual Report, containing the detailed results for the Mikron Group for
2014, will be published at the Media and Analyst Conference on 9 March
2015.
Machining segment
Mikron Machining is the leading supplier of customized, highly productive
machining solutions for the manufacturing of complex, high-precision
components made of metal. Customers in the automotive, watchmaking and
writing instruments industries account for the majority of the segment's
net sales.
The Machining business segment faced a decrease in demand for machining
solutions in 2014. The strong performance by Mikron Machining's tool and
service business was not sufficient to offset this fall. For 2014 as a
whole, the Machining business segment reported a 12 percent decline in
order intake to CHF 110.9 million (previous year: CHF 125.8 million). The
segment reported net sales of CHF 123.8 million, only slightly below the
prior-year level (previous year: CHF 125.2 million). At CHF 46.9 million,
the Machining business segment's order backlog at the end of 2014 was 19
percent lower than at the end of 2013 (CHF 57.6 million).
Automation segment
Mikron Automation is one of the world's leading manufacturers of
customized, highly productive automation solutions for high-precision
assembly and testing of products up to hand size. The segment operates
primarily in the medical devices, pharmaceuticals, automotive and consumer
goods industries.
Thanks to high demand from the US, especially from the medical devices,
pharmaceuticals and consumer goods industries, the Automation business
segment increased its order intake by 10 percent to CHF 134.5 million
(previous year: CHF 121.8 million) and net sales by 9 percent to CHF 126.8
million (previous year: CHF 116.8 million) in 2014. At CHF 70.1 million,
the Automation business segment's order backlog at the end of 2014 was 8
percent higher than at the end of 2013 (CHF 65.1 million).
Preliminary volume figures for 2014 financial year, compared to 2013
20141) 2013 +/-
CHF million
Order intake 244.8 246.4 -1%
- Machining 110.9 125.8 -12%
- Automation 134.5 121.8 10%
Net sales 249.5 241.1 3%
- Machining 123.8 125.2 -1%
- Automation 126.8 116.8 9%
Order backlog (end of year) 117.0 122.4 -4%
- Machining 46.9 57.6 -19%
- Automation 70.1 65.1 8%
1) Divisional financial figures before consolidation
End of ad hoc announcement
---------------------------------------------------------------------
22.01.2015 News transmitted by EQS Schweiz AG. www.eqs.com - news
archive: http://switzerland.eqs.com/de/News
The issuer is responsible for the contents of the release.
---------------------------------------------------------------------
Information and Explaination of the Issuer to this News:
Brief profile of the Mikron Group
The Mikron Group markets machining and automation solutions, enabling
customers around the world to master their precision manufacturing
processes. Rooted in a culture of Swiss innovation, Mikron is a leading
supplier to the automotive, medical devices, pharmaceutical, consumer
goods, writing instruments and watch-making industries. The two divisions,
Mikron Automation and Mikron Machining, are based in Boudry and Agno,
Switzerland, with additional production facilities in Germany, Singapore,
China and the United States. The Mikron Group employs approximately 1,200
people who work to provide Mikron customers with an experience that
reflects over 100 years of leadership in high-performance and
high-precision production. Mikron Holding AG is listed on SIX Swiss
Exchange (MIKN).
Contact
Mikron Management AG, Martin Blom, CFO Mikron Group
Phone +41 62 916 69 60, ir.mma@mikron.com
Download Media Release
www.mikron.com/news
Investor Relations Calendar of Events
9 March 2015, 7.00 a.m. - Media release: Publication of the 2014 Annual
Report
9 March 2015, 10.00 a.m. - Media and analysts conference
16 April 2015, 4 p.m. - Annual General Meeting 2015
23 July 2015, 07.00 a.m. - Media release: Semiannual results 2015
Except for the historical information contained herein, the statements in
this media release are forward-looking statements that involve risks and
uncertainties.
Mikron(R) is a trademark of Mikron Holding AG, Biel (Switzerland).
---------------------------------------------------------------------
315255 22.01.2015