29.01.2015 – 07:11

HOCHDORF Holding AG

EQS-Adhoc: HOCHDORF Holding AG: Close to 100,000 tonnes of product sold

EQS Group-Ad-hoc: HOCHDORF Holding AG / Key word(s): Development of
Sales
HOCHDORF Holding AG: Close to 100,000 tonnes of product sold

29.01.2015 / 07:05
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.

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HOCHDORF Group Press Release: Sales and Turnover Figures for 2014

Close to 100,000 tonnes of product sold

Hochdorf, 29 January 2015 - The HOCHDORF Group increased its gross sales
revenue by +14.1% to CHF 429.3 million in the past financial year (previous
year CHF 376.1 million). In its plants, HOCHDORF processed 507.0 million kg
milk, whey and permeate (+11.5%; previous year 454.6 million kg). Sales
volumes also rose by 8.1% to 99,155 tonnes (previous year 91,699 tonnes).
The revenue figures are to be expected to beat all previous records.

In its plants the HOCHDORF Group processed almost 507 million kg of milk,
whey and permeate in 2014 (+11.5% compared to previous year). The increase
was partly attributable to the generally increased milk quantities in
Switzerland and quantity restrictions relating to Emmental cheese
production. The sanctions against Russia had an important impact on the
Lithuanian plant. In comparison to the previous year, the Swiss plants
processed around 12% more than they did the previous year (335.6 million
kg; incl. drying services)

Gross sales revenue and sales quantity increased
For the 2014 financial year, the HOCHDORF Group sold products to the value
of CHF 429.3 million (unchecked; previous year 376.1 million),
significantly exceeding its anticipated sales growth of 10% (+14.1%). The
growth resulted from higher milk prices, which were widely reflected in
higher sales prices on the market, and from the increased quantities of
product processed and sold. Unfortunately, the target growth in turnover of
18 - 22 per cent in Baby Care was not quite achieved. "The turnover in this
business area - at CHF 110.0 million - topped the CHF 100 million mark for
the first time, producing significant growth of 16.4%," explained CEO
Thomas Eisenring. The failure to meet the target growth was largely due to
filling capacities. According to Eisenring, this equated to around a month
of lost turnover in 2014.
At 99,155 tonnes, sold product quantity increased by +8.1% (previous year
91,699 tonnes). This value is adjusted by the pure milk trade business in
Lithuania.

Record revenue figures on the horizon
Revenue figures continued to improve on the positive 2013 business year and
in the first half of 2014. "The revenue figures for the entire year are
likely to set new records for the HOCHDORF Group," said Dr. Thomas
Eisenring. For the current financial year, however, Eisenring is not quite
so confident. The low milk price, uncertainty on the (international) milk
market and the scrapping of the euro currency lower limit by the SNB all
promise a challenging 2015.

The complete company results for 2014 will be published on 26 March 2015.

End of ad hoc announcement

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Additional features:

Document: http://n.equitystory.com/c/fncls.ssp?u=PICIQPBBWD
Document title: HOCHDORF: Sales and Turnover Figures for 2014

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29.01.2015 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.

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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 429.3 million (unchecked) in 2014. It is one of the leading
internationally active foodstuff companies in Switzerland, employing 575
staff as of 1.1.15. Made from natural ingredients such as milk, whey 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. Its
products are sold in 80 countries. The shares are traded on the SIX Swiss
Exchange in Zurich (ISIN CH0024666528).


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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
Listed:      Foreign Exchange(s) SIX


End of News    EQS Group News-Service
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