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Von Roll achie­ves ope­ra­tio­nal tur­naround in finan­cial year 2017

Brei­ten­bach, March 13, 2018 — In the finan­cial year 2017, Von Roll suc­cess­fully mana­ged to turn its ope­ra­ti­ons around after several years of los­ses, achie­ving a posi­tive EBIT of CHF 4.5 mil­lion (pre­vious year: CHF –17.3 mil­lion). Over­all, Group sales incre­a­sed by 4.1 % to CHF 332.4 mil­lion. Order intake also clim­bed by 2.8 % year-on-year to CHF 336.1 million.

At CHF 5.3 mil­lion, cash flow from ope­ra­ting acti­vi­ties also impro­ved signi­fi­cantly com­pa­red with CHF − 10.5 mil­lion in the pre­vious year. The equity ratio incre­a­sed slightly to 28.2% (pre­vious year: 26.2%).

The net result for the finan­cial year 2017 of CHF −4.8 mil­lion repres­ents a con­si­derable impro­ve­ment year-on-year of CHF 25.5 mil­lion (pre­vious year: CHF –30.3 mil­lion). The main rea­son for the nega­tive net result was non-recur­ring spe­cial char­ges in con­nec­tion with the water busi­ness (Von Roll BHU Umwelt­tech­nik GmbH), which had already  par­ti­ally been sold as of 8 Febru­ary 2018.

For fur­ther details, please refer to the Annual Report 2017, which can be viewed online at https://www.vonrollgroup.com/en/media–investor-relations/reports-and-publications/finance-reports/.

 

Key figu­res
in CHF 1,000 2017  2016 Change
Order intake 336,141 326,869 +2.8%
Net sales 332,357 319,192 +4.1%
   the­reof Insulation 228,664 220,915 +3.5%
   the­reof Composites 103,514 98,231 +5.4%
   the­reof other activities 179 46 +289.1%
EBIT 4,475 -17,329 +125.8%
Net income for the period -4,771 -30,290 +84.2%
Cash flow from ope­ra­ting activities 5,307 -10,453 +150.8%
Equity ratio 28% 26% +2 ppt.
Num­ber of employees (FTE) 1,536 1,703

-9.8%

 

About Von Roll Hol­ding AG: As a Swiss indus­trial com­pany, Von Roll Hol­ding AG focu­ses on pro­ducts and sys­tems for power genera­tion, trans­mis­sion, sto­rage and dis­tri­bu­tion. Von Roll is a glo­bal mar­ket lea­der for electri­cal insu­la­tion pro­ducts, sys­tems and ser­vices and has a world­wide pre­sence in 20 sites with 1,536 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/.