Ad hoc announcement pursuant to article 53 LR
Schlatter Industries AG / Key word(s): Annual Results
Ad hoc announcement pursuant to article 53 LR
25-Jan-2024 / 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.
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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, 25 January 2024. In the 2023 financial year, the
Schlatter Group achieved an order intake of CHF 113.1 million (2022: CHF
128.1 million). Net sales rose again to CHF 128.6 million (2022: CHF 110.5
million), an increase of 16.4%. The order backlog as at 31.12.2023 was CHF
73.9 million (31.12.2022: CHF 89.4 million) - lower than in the previous
year. The operating result (EBIT) for the financial year is expected to be
higher than in the previous year, in the mid-high single-digit million
range. Capacity utilisation at all plants is already largely secured in
2024.
The detailed annual results for 2023 will not be published on Friday, March
29, 2024 (Good Friday) as previously communicated, but already on Thursday,
March 28, 2024, by an ad hoc announcement as well as with the annual report
being made public on the company's website (www.schlattergroup.com).
Paul Zumbühl will step down as Chairman of the Board of Directors at the
2025 Annual General Meeting (at the beginning of May 2025) after 12 years
but will remain available to the Schlatter Group as a member of the Board of
Directors.
Preliminary financial figures 2023 (unaudited)
Schlatter Group
CHF million 1st half 2nd half Total Total in %
of 2023 of 2023 2023 2022 to py
Order intake 62.4 50.7 113.1 128.1 -11.7%
Net sales 67.4 61.2 128.6 110.5 16.4%
Order backlog as at 84.4 73.9 89.4 -17.3%
30.6. / 31.12.
Segments Welding Weaving
CHF million. 2023 2022 in % 2023 2022 in %
to py to py
Order intake 95.0 99.9 -4.9% 18.1 28.2 -35.8%
Net sales 100.8 96.0 5.0% 27.8 14.5 91.7%
Order backlog as at 31.12. 56.7 62.5 -9.3% 17.2 26.9 -36.1%
Further information
Schlatter Industries AG
Werner Schmidli
Chief Executive Officer
Mobile +41 79 343 62 62
werner.schmidli@schlattergroup.com
Agenda
28.03.2024 Publication of the detailed annual result for 2023 by an
ad hoc announcement and publication of the annual report
on the company's website
07.05.2024 Annual General Meeting
16.08.2024 Publication of half-year report 2024
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 Swiss Reporting Standard 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.
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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: pascale.lehmann@lehmanncom.ch
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End of Inside Information
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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: 1822499
End of Announcement EQS News Service
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1822499 25-Jan-2024 CET/CEST