Von Roll: Positive business development in third quarter 2011
- Order intake up 21% to CHF 490 million at constant exchange rates; up 7% to CHF 434 million at current rates
- 10% sales growth to CHF 464 million at constant exchange rates; 3% decline to CHF 410 million at current rates
Au / Wädenswil, October 26, 2011 – The Swiss industrial group Von Roll Holding AG presented business figures today for the third quarter 2011. Order intake rose 21% to CHF 490 million at constant exchange rates and 7% to CHF 434 million at current rates. Sales at constant exchange rates rose 10% to CHF 464 million but declined by 3% to CHF 410 million at current rates.
The most profitable division Von Roll Insulation generated 3% higher sales at CHF 278 million for the third quarter 2011, likewise 3% higher order intake at CHF 287 million. Von Roll Composites sales remained unchanged at CHF 84 million, while order intake declined slightly by 1% to CHF 87 million. Von Roll Transformers registered a 32% sales decline to CHF 45 million as a result of low order volume per year-end 2010, but third-quarter 2011 order intake by this division rose steeply by 63% to CHF 57 million.
| in million CHF | Q1-Q3 2011 | Q1-Q3 2010 | Change |
|---|---|---|---|
| Net Sales | 410 | 422 | -3% |
| thereof Insulation | 278 | 269 | 3% |
| thereof Composites | 84 | 84 | - |
| thereof Transformers | 45 | 66 | -32% |
| thereof other activities | 3 | 3 | - |
| Order intake | 434 | 405 | 7% |
| thereof Insulation | 287 | 279 | 3% |
| thereof Composites | 87 | 88 | -1% |
| thereof Transformers | 57 | 35 | 63% |
| thereof other activities | 3 | 3 | - |
About Von Roll Holding AG:
As one of Switzerland’s longest established industrial companies, Von Roll Holding AG focuses on products and systems for power generation, transmission and distribution. Von Roll is the global market leader in insulation products, systems and services and is represented in 19 countries with around 3,000 employees at over 30 sites.
Contact:
Susanne Berger
Corporate Communications
T: +41 44 204 3034, F: +41 44 204 3039, E: press@vonroll.com
This press release is based on information currently available. Unforeseeable risks and influences may lead to discrepancies with statements portrayed here. Furthermore, rounding differences may lead to discrepancies in the reported figures. The release is originally prepared in German and then translated into English. In the event of any discrepancy, the German version prevails.