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Von Roll reports posi­ti­ve result for the first half of 2017

Brei­ten­bach, August 17, 2017 — For the first half of 2017, the Von Roll Group is repor­ting a posi­ti­ve EBIT of CHF 7.3 mil­li­on (pre­vious year: CHF −5.4 mil­li­on), thus con­ti­nuing the encou­ra­ging trend of the first quarter.

The ongo­ing acti­vi­ties of the Swiss glo­bal mar­ket lea­der for electri­cal insu­la­ti­on made plea­sing pro­gress in the first six mon­ths of the finan­cial year. Order inta­ke incre­a­sed by 8.1% up to CHF 186.4 mil­li­on year on year, while total sales rose by 1.5% to CHF 176.8 million.

The main key finan­cial rati­os such as the net result, at CHF 0.4 mil­li­on (pre­vious year: CHF −11.1 mil­li­on), and the ope­ra­ting cash flow, at CHF 0.2 mil­li­on (pre­vious year: CHF −2.6 mil­li­on), also  show  a clear improvement.

The posi­ti­ve busi­ness trend is based on a sta­ble mar­ket envi­ron­ment and the pro­gram­mes to incre­a­se effi­ci­en­cy in sales and pro­duc­tion laun­ched in the last finan­cial year, which resul­ted in a gross mar­gin incre­a­se of 2.9 per­cen­ta­ge points to 20.4% (pre­vious year: 17.5%).

To reach our mid-term pro­fit tar­get – a sus­tainab­le EBIT mar­gin of over 8% – the Von Roll Group will con­ti­nue to rigo­rous­ly fol­low the path it has cho­sen and exami­ne and imple­ment any fur­ther struc­tu­ral chan­ges that might beco­me necessary.

 

Key figu­res
in CHF 1,000 1H 2017 1H 2016
(resta­ted)
Chan­ge
Order inta­ke     186,375       172,385 8.1%
Net sales           176,752            174,098 1.5%
    the­re­of Insulation            120,799            118,979 1.5%
    the­re­of Composites              53,227              51,309 3.7%
    the­re­of other activities              2,726              3,810 -28.5%
EBIT                7,311                ‑5,384 235.8%
Net inco­me for the period              402              ‑11,134 103.6%
Cash flow from ope­ra­ting activities              150              ‑12,583 101.2%
Equi­ty ratio (%) 27% 13% 14.0 ppt
Num­ber of employees (FTE)                1,601                1,856 -13.7%

 

Fur­ther infor­ma­ti­on can be found in the Semi-Annu­al Report 2017. This 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 26 sites with around 1,600 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/.