Accu Holding AG

EQS-Adhoc: Accu Holding AG: Group Turnover 2015


EQS Group-Ad-hoc: Accu Holding AG / Key word(s): Development of Sales/Final
Results
Accu Holding AG: Group Turnover  2015

06.01.2016 / 06:58
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.

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Press Release

Accu Holding Pre-Publishes 2015 Sales

Emmenbrücke, 6th of January 2016 - Accu Holding AG (ACUN SW) closed its
financial year 2015 with unaudited consolidated turnover of CHF 156m (previous
CHF 132.9m). This excludes a potential positive one-time effect attributable to
the implementation of a POC accounting method for project based revenues within
the Cieffe Group.

Total turnover has been affected by special factors. The continued drop in oil
price, as already stated in our H1 2015 press release, negatively affected
Industrial Yarns (Nexis), impacting the formula of the price calculation for the
end customer, resulting in a value reduction of CHF -10.1m. However, margins or
operating profit remain unaffected. In term of volume Nexis Group improved
significantly by 12.3% to 31'831 tonnes (previous 28'354 t).  Furthermore, the
Surface Technology division in Switzerland (RCT) changed its accounting system
to toll manufacturing with a key customer per end September 2015. For the last
three months of the calendar year 2015 this technical loss of turnover amounted
to CHF - 0.9m. Adjusted by these one-time effects, total sales for the fiscal
year 2015 would have reached CHF 167m and matched our financial turnover
guidance.

Assuming an exchange rate of EUR/CHF 1.08 the order backlog by year end 2015 for
Accu Group stood at a solid CHF 64.1m. Further information will be disseminated
following the publication of the full year 2015 report in April 2016.

For further information:

Andreas Kratzer
Accu Holding AG
Gerliswilstrasse 17
6020 Emmenbrücke
a.kratzer@accuholding.ch
Telefon +41 44 318 88 00

Accu Holding AG - Company Profile
Accu Holding AG is a Swiss company based in Emmen, Lucerne and listed on the SIX
Swiss Exchange.  The company focuses on two principle sectors 'Industrial Yarns'
and 'Surface Technology'; strategy involves investing in leading technology
companies that operate in attractive market niches in Europe, Asia and America.
Industrial Yarns encompasses the development and manufacturing of yarns based on
polymer and polyamide. These yarns are used in application such as mechanical
rubber goods (MRG) in conveyor belts, hoses and transmission belts, for the
production of ropes and nets and in the manufacturing of airbags and tires. The
business unit 'Surface Technology' includes the equipment manufacturer of heat
treatment and coating plants as well as the operation of heat treatment
businesses and high-tech thin-coating centers. These high-quality products are
manufactured in Europe and the USA for niche markets in the automotive,
aerospace, medical, petroleum, process and manufacturing industries.

End of ad hoc announcement

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Additional features:

Document:http://n.eqs.com/c/fncls.ssp?u=BYHSPCMXON
Document title: Accu Sales 2015e

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06.01.2016 News transmitted by EQS Schweiz AG. www.eqs.com - news archive:
http://switzerland.eqs.com/de/News

The issuer is responsible for the contents of the release.
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Language: English

Company:  Accu Holding AG

          Gerliswilstrasse 17

          6021  Emmenbrücke

          Switzerland

Phone:    +41 44 318 88 00

Fax:      +41 44 318 88 02

E-mail:info@accuholding.ch

Internet: www.accuholding.ch

ISIN:     CH0001366332

Valor:    136633

Listed:   Foreign Exchange(s) SIX


End of News EQS Group News Service
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