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Wädenswil, April 7, 2008 – Von Roll Holding AG, one of Switzerland's longest established industrial companies, further expanded its position as global market leader in insulation products, systems and services in the first quarter of 2008.

 

Group sales increased to CHF 173 million, up 13% compared with the same period last year. Factoring out exchange rate effects, the rate of growth was over 19%. Order intake increased by 8% to CHF 190 million.

 

The Electrical and Industrial segments reported equally strong growth. The Electrical segment increased sales by 13% to CHF 130 million, while order intake grew by 8% to CHF 145 million. The Industrial segment posted a 14% rise in sales to CHF 43 million and a 9% increase in order intake to CHF 45 million.

 

"The renewed growth, which is well-above the market average, is evidence that our core-business expansion strategy is bearing fruit and that the slowing economy has not yet affected our markets. We are well on course to meeting our performance targets," says Thomas Limberger, Chairman and CEO of Von Roll.

 

 

Sven Ohligs, Head of Corporate Communications,
T: +41 44 204 3031, F: +41 44 204 3039, E: press@vonroll.com