Von Roll reports a successful first quarter 2017
Von Roll Holding AG published its first quarter 2017 results today. Following a lean period of over 4 years, the Von Roll Group has once again returned to a positive first quarter profit, amounting to CHF 4.6 million (previous year: CHF ‑3.4 million). At CHF 96.0 million, orders received in 2017 are significantly above the last year’s level of CHF 88.0 million, and turnover has risen by 8.5% to CHF 93.2 million.
The main drivers of the positive business development were successful structural improvements and increased demand for our products in the Electrical Insulation and Composites sectors. Based on rising order volumes and the programmes launched in the new business year to increase both sales and production efficiency, the Von Roll Group is confident about the business outlook for the remainder of 2017.
Key figures | Q1-2017 | Q1-2016 | Veränderung |
|---|---|---|---|
Order intake | 95’979 | 88’030 | +9,0% |
Net sales | 93’214 | 85’895 | +8,5% |
thereof Electrical Insulation | 64’581 | 58’323 | +10,7% |
thereof Composites | 27’568 | 26’008 | +6,0% |
thereof other activities | 1’065 | 1’564 | -31,9% |
EBIT | 4’569 | -3’436 | +233,0% |
Net income for the period | 242 | -6’600 | +103,7% |
About Von Roll Holding AG: As a Swiss industrial company, Von Roll Holding AG focuses on products and systems for power generation, transmission and distribution. Von Roll is a global market leader for electrical insulation products, systems and services and has a worldwide presence in 29 sites with around 1,700 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/.