Schlatter with decline in sales
23.01.2025 - 06:00:16Schlatter with decline in sales. Schlatter Industries AG / CH0002277314
| Schlatter Industries AG / Key word(s): Annual Results 23-Jan-2025 / 06:00 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement. SCHLATTER INDUSTRIES AG - SIX SWISS EXCHANGE: STRN - ISIN: CH0002277314 Ad hoc announcement pursuant to article 53 LR S c h l i e r e n, 23 January 2025. The Schlatter Group generated order intake of CHF 100.7 million in the 2024 financial year (2023: CHF 113.1 million). At CHF 114.0 million, net sales were down on the previous year (2023: CHF 128.6 million). The order backlog as at 31.12.2024 was CHF 61.4 million (31.12.2023: CHF 73.9 million). The operating result (EBIT) for the financial year is expected to be in the low single-digit million range. The market outlook for 2025 is positive and the plants are already well utilised for the current financial year. Preliminary financial figures 2024 (unaudited)
Schlatter Group (www.schlattergroup.com) The Schlatter Group is one of the leading specialists in plant engineering for resistance welding systems as well as weaving and finishing equipment for the production of paper machine clothing, wire fabrics and wire mesh. Thanks to its many years of experience in the field of plant technology, its innovative strength and its reliable service, the Schlatter Group – which is listed on the Standard for Sparks of SIX Swiss Exchange – guarantees its customers a range of powerful and high-quality production equipment. This media information contains certain forward-looking statements, e.g. statements using the words "believes," "assumes," "anticipates," or formulations of a similar nature. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which could lead to substantial differences between the actual future results, the financial situation, the development or performance of the Company and those either expressed or implied by such statements. Such factors include, among other things: competition from other companies, the effects and risks of new technologies, the Company's continuing capital requirements, financing costs, delays in the integration of acquisitions, changes in the operating expenses, the Company's ability to recruit and retain qualified employees, unfavorable changes in the applicable tax laws, and other factors identified in this communication. In view of these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. The Company accepts no obligation to continue to report or update such forward-looking statements or adjust them to future events or developments. -------------------- This information can be downloaded as a PDF from the following link: Ad hoc announcement pursuant to article 53 LR If you no longer wish to receive information from Schlatter Industries AG, please send a message to: reto.stettler@schlattergroup.com End of Inside Information | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Schlatter Industries AG |
| Brandstrasse 24 | |
| 8952 Schlieren | |
| Switzerland | |
| Phone: | +41 44 732 71 11 |
| E-mail: | info@schlattergroup.com |
| Internet: | www.schlattergroup.com |
| ISIN: | CH0002277314 |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 2073033 |
| End of Announcement | EQS News Service |
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