April 20, 2011 | by Von Roll Holding AG:
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April 20, 2011, Von Roll Holding AG published its figures for the first quarter of 2011 today. Compared with the same quarter of the previous year, sales developed at the same level at CHF 143 million this financial year. Adjusted for exchange rate effects, sales rose by 9% to CHF 156 million. Order intake increased by 14% to CHF 159 million in the first quarter, adjusted for exchange rate effects, order intake rose by 25% to CHF 174 million.
The 12% growth in sales to CHF 101 million in the traditional Von Roll Insulation segment was chiefly driven by the sustained high demand in the short-cycle low-voltage segment. Order intake increased by 10% to CHF 109 million in this segment. Von Roll Composites posted unchanged sales of CHF 28 million, whilst order intake rose by 14% to CHF 33 million. Decrease in sales in the Von Roll Transformers segment of 48% to CHF 13 million is strongly influenced by the weak order intake in the first half of 2010. Order intake in the first quarter of 2011 showed a positive development and was up 55% to CHF 17 million.
“Business development to date in 2011 is in line with our expectations”, says Matthias Oppermann, CEO of Von Roll Holding AG. “We remain focused on strengthening our core business that shows a sound development, and are working on the corresponding strategic alignment of the company.”
Contact
Susanne Berger Corporate Communications T: +41 44 204 3034 F: +41 44 204 3039 E: press@vonroll.com
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Source: Von Roll Holding AG:, Press release