DGAP-Adhoc: HOCHDORF Holding AG: A Pleasing result under challenging circumstances
21.08.2013 – 15:26
HOCHDORF Holding AG / Key word(s): Half Year Results 21.08.2013 15:25 Release of an ad hoc announcement pursuant to Art. 53 KR --------------------------------------------------------------------------- Hochdorf, 21 August 2013 - The HOCHDORF Group processed a total of 229.3 million kg of milk, whey and permeate in the first six months of the year. Gross sales revenue stands at CHF 182.5 million - slightly below last year's figure of CHF 184.3 million. The significantly lower milk receipts, persistent pressure exerted by prices and imports as well as the strong Swiss franc made it a testing time for the Group. Business activities from the first half of the year resulted in a lower EBITDA compared to the previous year of CHF 8.4 million (previous year CHF 9.2 million). Operational net profit rose by 108.2% to CHF 1.8 million, with an improvement in the operational net profit margin to 1.0% (first six months of 2012: 0.5%). This is a pleasing result given the market situation outlined and the transition phase in top management. The detailed information on the half-year results will be published today after 5:30 p.m. Contact: Dr. Christoph Hug, Head of Corporate Communications, HOCHDORF Group Tel: +41 (0)41 914 65 62 / +41 (0)79 859 19 23, christoph.hug@hochdorf.com --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: The HOCHDORF Group, based in Hochdorf, achieved a consolidated gross sales revenue of CHF 346.6 million in 2012. It is one of the leading foodstuff companies in Switzerland, employing 381 staff as of 31.12.12 (356 full-time staff). Made from natural ingredients such as milk and wheat germ, HOCHDORF products have been contributing to our health and wellbeing since 1895 - from babies to senior citizens. Its customers include the food industry and the wholesale and retail sectors and its products are sold in around 80 countries. Hochdorf shares are traded on the SIX Swiss Exchange in Zurich (ISIN CH0024666528). 21.08.2013 News transmitted by EQS Schweiz AG. The issuer is responsible for the contents of the release. EquityStory publishes regulatory releases, media releases on the capital market and press releases. The EquityStory Group distributes authentic and real-time financial news for over 1'300 listed companies. The Swiss news archive can be found at www.equitystory.ch/news --------------------------------------------------------------------------- Language: English Company: HOCHDORF Holding AG Siedereistrasse 9 6281 Hochdorf Switzerland Phone: +41 41 914 65 65 Fax: +41 41 914 66 66 E-mail: hochdorf@hochdorf.com Internet: www.hochdorf.com ISIN: CH0024666528 Valor: Listed: SIX End of Announcement EQS Group News-Service ---------------------------------------------------------------------------