Plan­ned chan­ges at Von Roll Hol­ding AG

Au/Wädenswil, July 5, 2016 — The acti­vi­ties of Von Roll Hol­ding AG are focu­sed on its core busi­ness of electri­cal insu­la­tion and attrac­tive mar­kets of the future such as elec­tro­mo­bi­lity. It has moder­ni­zed its fac­to­ries world­wide over the past few years.

Von Roll is con­ti­nuing to fol­low this path rigo­rously. In addi­tion to fur­ther invest­ments of around CHF 30 mil­lion during the 2016 finan­cial year, the com­pany also plans to imple­ment exten­sive mea­su­res to reduce its under­ly­ing fixed costs and incre­ase its over­all efficiency.

Essen­ti­ally, Von Roll intends to

• ● Sim­plify its glo­bal manage­ment structure
• ● Trans­fer fur­ther pro­duc­tion units
• ● Opti­mize its pro­duct portfolio
• ● Reduce admi­nis­tra­tive func­tio­nal areas
• ● Stream­line pro­duc­tion processes

These mea­su­res would reduce annual fixed costs by more than CHF 18 million.

At the same time, there are plans to reduce head­count by up to 160 jobs, inclu­ding around 50 in Switz­er­land. Con­se­quently, the sites that are affec­ted have intro­du­ced a con­sul­ta­tion pro­ce­dure or will due so in due course.

The rest­ruc­tu­ring costs are esti­ma­ted to amount to some CHF 8 mil­lion. Imple­men­ting the plan­ned reduc­tion in num­bers will enable some CHF 4 mil­lion to be saved during the 2016 finan­cial year itself.

About Von Roll Hol­ding AG: As a Swiss indus­trial com­pany, Von Roll Hol­ding AG focu­ses on pro­ducts and sys­tems for power genera­tion, trans­mis­sion and indus­trial app­li­ca­ti­ons. Von Roll is a glo­bal mar­ket lea­der for electri­cal insu­la­tion pro­ducts, sys­tems and ser­vices and has a world­wide pre­sence in around 30 sites with about 2,000 employees.

Con­tact

Clau­dia Güntert
Head of Cor­po­rate Communications
& Inves­tor Relations
T +41 61 785 52 36
F +41 61 785 58 92
E press@vonroll.com

This press release is based on infor­ma­tion cur­r­ently avail­able. Unfo­re­see­able risks and influ­en­ces may lead to dis­crepan­cies with the state­ments made here. For more infor­ma­tion on the com­pany and its busi­ness per­for­mance, please refer to the Annual and Semi-Annual Report of Von Roll Hol­ding AG which is avail­able in digi­tal form at https://www.vonroll.com/en/.