Von Roll impro­ves pro­fi­ta­bi­lity in the first half of 2018

Brei­ten­bach, August 21, 2018 — In the first half of 2018, the Von Roll Group achie­ved a posi­tive ope­ra­ting result of CHF 8.8 mil­lion (pre­vious year: CHF 7.5 mil­lion), recon­fir­ming the suc­cess­ful rea­lign­ment of the Group.

The posi­tive key finan­cial figu­res for the first half of 2018 result from the strict focus of the Von Roll Group on pro­fi­ta­ble busi­ness seg­ments com­bi­ned with incre­a­sed pro­duc­ti­vity. The EBIT mar­gin incre­a­sed to 5.2% (pre­vious year: 4.3%) and the gross mar­gin to 21.3% (pre­vious year: 20.3%). Cash flow from ope­ra­ting acti­vi­ties also deve­lo­ped posi­tively, tota­ling CHF 6.9 mil­lion, which is signi­fi­cantly above the pre­vious year’s level.

The slightly lower sales reve­nue of CHF 169.8 mil­lion com­pa­red to the pre­vious year as well as the 3% drop in order intake result from the dive­st­ment of two pro­duc­tion plants in the USA (Aus­tral) and China (Mica Luhe). After adjus­ting the sales in 2017 and 2018 for these dive­st­ments, sales incre­a­sed by CHF 4.1 mil­lion or 2.6% com­pa­red to the pre­vious year.

The fit­ness pro­gram, which has been suc­cess­fully imple­men­ted since the begin­ning of 2017, shows signi­fi­cant effect and will con­ti­nue to con­tri­bute to a per­ma­nent incre­ase in ope­ra­ting ear­nings in the com­ing mon­ths. At the same time, new pro­ducts and busi­ness seg­ments such as e‑mobility and aero­space offer oppor­tu­nities for future growth.


Key figu­res

in CHF 1,000 1H 2018 1H 2017
Order intake       180,810       186,375 -3.0%
Net sales           169,767            173,868 -2.4%
   the­reof Insulation      119,440            120,799 -1.1%
   the­reof Composites       50,361              53,227 -5.4%
   the­reof other activities              ‑34              ‑158 78.5%
EBIT        8,829                7,531 17.2%
Net income for the period              954              402 137.3%
Cash flow from ope­ra­ting activities              6,861              150 4474,0%
Equity ratio (%) 28.7% 27.0% 1.7 ppt
Num­ber of employees (FTE)                1,437                1,601 -10.2%


Fur­ther infor­ma­tion can be found in the Semi-Annual Report 2018, which is avail­able in digi­tal form at http://www.vonrollgroup.com/en/.


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 14 pro­duc­tion sites with 1,450 employees. The com­pany sup­plies cus­to­mers in over 80 countries.



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/.