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Von Roll Holding AG
Earnings Release • Apr 11, 2017
1009_rns_2017-04-11_b3d11b36-11b2-438b-ba45-98a7b2508bab.html
Earnings Release
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News Details
Ad-hoc | 11 April 2017 07:00
Von Roll reports a successful first quarter 2017
Von Roll Holding AG / Key word(s): Quarterly / Interim Statement
11-Apr-2017 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
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: [email protected]
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: | [email protected] |
| 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 |