EANS-Adhoc: Von Roll Holding AG third quarter result 2012 affected by weak
market development in Europe and Asia
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announcement.
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9-month report
24.10.2012
- 11% lower order intake at CHF 386 million
- 5.9% sales decline to CHF 386 million
Au/Wädenswil, 24 October 2012 - Von Roll Holding AG published today its results
for the third quarter 2012. The weak market conditions in the major markets
Europe and Asia lead to a weak business development of Von Roll in the third
quarter 2012. Order intake declined by 11% to CHF 386 million. The industrial
group sales totaled CHF 386 million, 5.9% lower than in the third quarter 2011.
Von Roll Insulation business line sales likewise declined by 5.9% compared with
the prior year period, to CHF 235 million. Order intake by this business line,
the most important sales contributor, declined by 13.6% to CHF 224 million.
Sales by the Von Roll Composites business line declined by 4.5% to CHF 107
million, with 3.5% lower order intake at CHF 110 million. Von Roll Technologies
business line sales declined by 8.1% to CHF 44 million, with 13.5% lower order
intake at CHF 52 million for the period under review.
Since January 1, 2012 the Von Roll business lines are no longer organized by
customer market applications, but according to Von Roll production process
activities. The newly formed Von Roll Technologies segment covers all
applications in the business areas Von Roll Transformers, Von Roll Water and Von
Roll Solar, whereas Von Roll Solar discontinued its research activities by 30
June 2012. Prior year figures have been adjusted accordingly.
About Von Roll Holding AG:
Von Roll is an international, medium-sized industrial company specialising in
products and services for electrical insulation, electrical technology and power
transmission and distribution as well as water treatment. Based in Switzerland,
Von Roll has around 3,000 employees and is represented at over 30 production and
distribution sites across the world.
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 is originally prepared in German and then translated into
English. In the event of any discrepancy, the German version prevails. For more
detailed information on the company and business development, please see the
Annual and Semi-Annual Report of Von Roll Holding AG. They are available in
digital form at http://www.vonroll.com/en/financial-reports.html.
Further inquiry note:
Susanne Nelsen
Corporate Communications
T: +41 44 204 3034, F: +41 44 204 3039, E: press@vonroll.com
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: press@vonroll.com
WWW: http://www.vonroll.ch
sector: Misc. Industrials
ISIN: CH0003245351
indexes: SPI, Midcap Market Index
stockmarkets: Main Standard: SIX Swiss Exchange
language: English