Von Roll with positive business trend in the first half of 2023

In the first half of the current fiscal year 2023, the Von Roll Group was able to continue its positive business trend. In a persistently challenging market environment characterized by geopolitical tensions, sharp rises in energy prices and continued high inflation, net sales and earnings could be increased.

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Ad-Hoc Announcement

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR

VON ROLL WITH POSITIVE BUSINESS TREND IN THE FIRST HALF OF 2023

Breitenbach, August 11th, 2023

  • Net sales of CHF 122.6 million
  • EBIT of CHF 11.8 million 
  • EBIT margin: 9.6 percent 
  • Group earnings after tax (EAT) of CHF 8.2 million

 In the first half of the current fiscal year 2023, the Von Roll Group was able to continue its positive business trend. In a persistently challenging market environment characterized by geopolitical tensions, sharp rises in energy prices and continued high inflation, net sales and earnings could be increased.

Net sales amounted to CHF 122.6 million in the first half of 2023 (first half of 2022: CHF 116.7 million), corresponding to a year-on-year sales growth at constant exchange rates of 9.3 %. The operating result (EBIT) was CHF 11.8 million (first half of 2022: CHF 9.3 million), corresponding to an EBIT margin of 9.6%. Group earnings after tax (EAT) for the first half of 2023 were CHF 8.2 million (first half of 2022: CHF 6.2 million).

With its innovative products and a global presence, the Von Roll Group regards itself well-positioned for future growth. However, the ongoing slowing momentum of the global market may lead to a short-term slowdown in growth.

Key figures Von Roll
in CHF 1 0001H 20231H 2022
Order Intake119 360126 374
Net Sales122 569116 682
thereof Insulation89 65485 315
thereof Composites32 91531 367
Operating result (EBIT)11 7759 329
Earnings before interest, taxes, depreciation and amortization17 29715 215
Earnings after taxes (EAT)8 2206 154
Cash flow from operating activities3 9085 380
Equity ratio (per 30.6.)79,5%77,0%
Headcount (FTE)946924

 

 

About Von Roll Holding AG

Founded in 1823, Von Roll is one of the most traditional companies in Switzerland. In the course of the company’s history, Von Roll had to adapt several times to changing market environments and has evolved from Switzerland’s largest steel and iron works into a high-tech industrial company that is driving the energy revolution.

Today, Von Roll is the global market leader for electrical insulation systems that are used for the largest wind turbines. It develops high-performance materials for the next generation of batteries in the field of e‑mobility and produces extremely durable lightweight components for the aircraft industry. With 14 locations worldwide and around 1.000 employees, the group serves customers in more than 80 countries.

PR contact:                                                                                                                                  

Kent Gaertner
kent.gaertner@vonroll.com
+49303030808913

* This media release contains information based on the current state of knowledge. Unforeseeable risks and influences may cause deviations from the statements made. For more detailed information on the company and its business performance, please refer to the annual report and the half-year report of Von Roll Holding AG. These can be downloaded digitally at https://www.vonroll.com/.

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