Von Roll: Continued Growth in the 1st quarter of 2007.
Zurich, 2007-4-17
The start of 2007 was characterized by continued strong demand and correspondingly positive growth figures. The number of orders and sales rose by 24% and 14%, respectively, compared to the first quarter of 2006.
The Electrical Business Unit enjoyed particularly high growth, where orders received grew by 32 % to CHF 134.8 million and sales by 18 % to CHF 115.3 million. Orders received and sales in the Industrial Business Unit increased by 5% each to CHF 40.9 million and CHF 38.0 million, respectively. Geographically, sales on the American market fell slightly, while sales in both the Asian and European markets achieved double-digit growth.
The rise in the price of copper resulted in a sales increase of approximately 6% in the first quarter of 2007.
Von Roll remains confident that it will achieve the EBIT margin of 8% in 2007, which is one year earlier than originally announced.
Key figures in CHF million
| Orders received | Gross sales | |||||
| Jan-Mar / 2006 | Jan-Mar / 2007 | Growth | Jan-Mar / 2006 | Jan-Mar / 2007 | Growth | |
| BU Electrical | 102.5 | 134.8 | 31.5% | 98.1 | 115.3 | 17.5% |
| BU Industrial | 39.0 | 40.9 | 4.9% | 36.2 | 38.0 | 5.0% |
| Von Roll | 141.5 | 175.7 | 24.2% | 134.3 | 153.3 | 14.1% |