- 20.04.2011, 07:06:05
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- OTS0007 OTW0007
EANS-Adhoc: Von Roll Holding AG / Rising order intake in the first quarter of 2011
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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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20.04.2011
- Order intake up 14% to CHF 159 million
- Stable sales at CHF 143 million
- Sales growth at constant exchange rates of 9% to CHF 156 million
Au / Wädenswil, 20 April 2011 - Von Roll Holding AG published its figures for
the first quarter of 2011 today. Compared with the same quarter of the previous
year, sales developed at the same level at CHF 143 million this financial year.
Adjusted for exchange rate effects, sales rose by 9% to CHF 156 million. Order
intake increased by 14% to CHF 159 million in the first quarter, adjusted for
exchange rate effects, order intake rose by 25% to CHF 174 million.
The 12% growth in sales to CHF 101 million in the traditional Von Roll
Insulation segment was chiefly driven by the sustained high demand in the
short-cycle low-voltage segment. Order intake increased by 10% to CHF 109
million in this segment. Von Roll Composites posted unchanged sales of CHF 28
million, whilst order intake rose by 14% to CHF 33 million. Decrease in sales in
the Von Roll Transformers segment of 48% to CHF 13 million is strongly
influenced by the weak order intake in the first half of 2010. Order intake in
the first quarter of 2011 showed a positive development and was up 55% to CHF 17
million.
"Business development to date in 2011 is in line with our expectations", says
Matthias Oppermann, CEO of Von Roll Holding AG. "We remain focused on
strengthening our core business that shows a sound development, and are working
on the corresponding strategic alignment of the company."
About Von Roll Holding AG:
As one of Switzerland´s longest established industrial companies, Von Roll
focuses on products and systems for power generation, transmission and
distribution. Von Roll is the global market leader in insulation products,
systems and services and is represented in 19 countries with around 3,000
employees at 30 sites.
end of ad-hoc-announcement
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This press release is based on information currently available. Unforeseeable
risks and influences may lead to discrepancies with statements portrayed here.
Furthermore, rounding differences may lead to discrepancies in the reported
figures. The release and the consolidated financial statements are originally
prepared in German and then translated into English. In the event of any
discrepancy, the German version prevails.
Further inquiry note:
Susanne Berger
Corporate Communications
T: +41 44 204 3034, F: +41 44 204 3039, E: [email protected]
end of announcement euro adhoc
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issuer: Von Roll Holding AG
Steinacherstrasse 101
CH-8804 Au / Wädenswil
phone: +41 (0)44 204 30 34
FAX: +41 (0)44 204 30 39
mail: [email protected]
WWW: http://www.vonroll.ch
sector: Misc. Industrials
ISIN: CH0003245351
indexes: SPI, Midcap Market Indexstockmarkets: Main Standard: SIX Swiss Exchange
language: English
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