Von Roll Holding AG

DGAP-Adhoc: Von Roll Holding AG: Developments in the first half of 2013

Von Roll Holding AG  / Key word(s): Half Year Results/Half Year Results

21.08.2013 07:00

Release of an ad hoc announcement pursuant to Art. 53 KR
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» Sales CHF 245,9 million
» Order intake CHF 228,6 million
» EBIT CHF 2,1 million

Au/Wädenswil, 21 August 2013 - Net income fell short of expectations in the
first half of 2013. Order intake amounted to CHF 228,6 million (previous
year: CHF 276,7 million) and sales totalled CHF 245,9 million (previous
year: CHF 268,1 million). At CHF 2,1 million (previous year: CHF 5,5
million), EBIT was adversely affected, largely as a result of persistent
economic difficulties in the power generation sector in the first half of
2013.

Net income amounted to CHF -3,9 million compared with CHF 0,4 million in
the previous year and cash flow from operating activities came to CHF -2,8
million against CHF -12,7 million.

The uncertain economic backdrop in the power generation sector and the low
level of investments in the high voltage sector are having an impact on the
Von Roll Insulation segment. As a result, order intake came to CHF 142,2
million (previous year: CHF 160,0 million), with sales totalling CHF 142,2
million (previous year: CHF 165,5 million).

With respect to Von Roll Composites, the market for the high voltage
industry is not quite as stable as that for industrial applications. At CHF
70,4 million, order intake is slightly down on last year's figure of CHF
74,3 million, while sales totalled CHF 67,9 million against CHF 72,1
million a year earlier.

Order intake at the segments covered by the Von Roll Technologies business
line came to
CHF 16,0 million (previous year: CHF 42,4 million), while sales were up
17,7% from CHF 30,5 million to CHF 35,9 million.

The strategic initiatives introduced are highly encouraging. Von Roll has
been able to increase its market share in North America and achieve
gratifying results. This development has essentially been driven by growth
focused on the Insulation and Composites core activities. It is underpinned
by a customer-centred and market-driven organisation, lean, clear and
transparent processes and responsibilities as well as a corporate culture
centred on motivation and inspiration.

A press conference in German has been arranged for journalists and analysts
on 21 August at 10:00 a.m. CET in the ConventionPoint conference centre of
the SIX Swiss Exchange, Selnaustrasse 30, 8021 Zürich to present the 2013
interim results.

You can obtain more information in the 2013 semi-annual report at
http://www.vonroll.com/en/financial-reports.html

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 insulation products, systems and services and has
a presence in 19 countries with about 2,800 employees at over 30 sites.


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Information and Explaination of the Issuer to this News:

This media release is based on information currently available.
Unforeseeable risks and influences may lead to discrepancies in the
statements made here. Furthermore, rounding differences may lead to
discrepancies in the reported figures.

For more information please refer to the Von Roll Holding AG semi-annual
report at www.vonroll.com.


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Additional features:
Document: http://n.equitystory.com/c/fncls.ssp?u=LNNATAJLNI

Document title: Von Roll_Developments in the first half 2013 key figures


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Language:               English
Company:                Von Roll Holding AG
                        Steinacherstr. 101
                        8804 Au
                        Switzerland
Phone:                  +41 44 204 3500
Fax:                    +41 44 204 3000
E-mail:              reception@vonroll.com
Internet:            www.vonroll.com
ISIN:                   CH0003245351
Valor:
Listed:                 Freiverkehr in Berlin, Düsseldorf, München,
                        Stuttgart; Frankfurt in Open Market ; SIX

End of Announcement                             EQS Group News-Service

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