Von Roll suc­cess­fully con­ti­nues reco­very trend in 2018

Brei­ten­bach, March 13, 2019 — In the finan­cial year 2018, Von Roll suc­cess­fully con­ti­nued its reco­very trend and signi­fi­cantly impro­ved key per­for­mance indicators.

Cash flow from ope­ra­ting acti­vi­ties incre­a­sed signi­fi­cantly to CHF 21.2 mil­lion (2017: CHF 5.3 mil­lion). Ear­nings before inte­rest, taxes, depre­cia­tion and amor­tiz­a­tion (EBITDA) also impro­ved to CHF 25.1 mil­lion, up 23.0 % on the pre­vious year.

As a result of the dive­st­ment of loss-making busi­ness acti­vi­ties and the asso­cia­ted one-off spe­cial char­ges, group sales were down year-on-year by –3.3 % to CHF 321.4 mil­lion. Nevertheless, the ope­ra­ting result of CHF 4.4 mil­lion was main­tai­ned at the pre­vious year’s level.

Fol­lowing the almost com­plete con­ver­sion of the bonds, the equity ratio is now around 66.5% (pre­vious year: 28.2%).

The net result amoun­ted to CHF –10.7 mil­lion and was signi­fi­cantly impac­ted by non-recur­ring expen­ses of CHF –9.7 mil­lion and inte­rest expen­ses of CHF –4.5 mil­lion for the con­ver­ti­ble bonds, which will be almost com­ple­tely eli­mi­na­ted from 2019 as a result of the con­ver­sion that took place.


Key figu­res    
in CHF 1,000 2018 2017 Change
Order intake 335,890 336,141 –0.1%
Net sales 321,387 332,357 –3.3%
   the­reof Insulation 229,648 228,787 +0.4%
   the­reof Composites 91,739 103,570 –11.4%
EBITDA 25,117 20,415 +23.0%
EBIT 4,358 4,475 –2.6%
Net income for the period –10,712 –4,771 –124.5%
Cash flow from ope­ra­ting activities 21,231 5,307 +300.1%
Equity ratio 66.5% 28.2% +38.3 ppt
Num­ber of employees (FTE) 1,264 1,536 –17.7%


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 round 1,250 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/.