28.10.2014 – 18:04

Von Roll Holding AG

DGAP-Adhoc: Von Roll Holding AG: production site optimization and closure of the Düren plant (Germany)

Von Roll Holding AG  / Key word(s): Miscellaneous

28.10.2014 18:00

Release of an ad hoc announcement pursuant to Art. 53 KR
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Von Roll Holding AG: production site optimization and closure of the Düren
plant (Germany)

Au/Wädenswil, 28 October 2014 - As part of the announced strategy and the
associated optimization of production sites, Von Roll Holding AG plans to
close the plant in Düren (Germany) in the second half of 2015.

The Düren plant employs around 120 staff members. Due to the
reorganization, several products will be manufactured at other sites. The
molded parts product range is to be discontinued when the plant closes.

All associated, entire restructuring expenses have already been charged to
the current financial year, 2014. Overall, Von Roll is expecting an
exceptional cost burden of around CHF 14 million for 2014 due to these
effects.

By consolidating the plants, we are adjusting the necessary capacity in
line with demand, which will enable us to utilize production resources
sustainably at our sites. This will increase production efficiency and make
us more competitive.

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 20 countries with about 2,520 employees at over 30 sites.

Contact:
Claudia Guentert, Corporate Communications
T: +41 44 204 3529, F: +41 44 204 3007, 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. Furthermore, rounding differences may lead to
discrepancies in the reported figures. 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
http://www.vonroll.com/en/financial-reports.html.


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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 3010
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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