Delayed commissioning and threat of conventional penalties impact first half
of 2024; order intake according to plan.

Schlatter Industries AG / Key word(s): Half Year Results
Delayed commissioning and threat of conventional penalties impact first half
of 2024; order intake according to plan.

24-Jun-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, 24 June 2024: Delayed commissioning of systems for the
production of reinforcing wire mesh is leading to significantly higher costs
and to the threat of conventional penalties for the Schlatter Group.
Schlatter is therefore recognising provisions in the low single-digit
million range. The operating result for the first half of 2024 will
therefore be significantly below the previous year's figure; however,
Schlatter expects a positive operating result (EBIT). Order intake in the
first half of the year developed according to plan, and the Schlatter Group
is well utilised for the second half of the year. Schlatter is endeavouring
to build on the positive earnings performance of the previous financial year
in the second half of the year.

Further information

Schlatter Industries AG

Werner Schmidli

Chief Executive Officer

Mobile +41 79 343 62 62

werner.schmidli@schlattergroup.com

Agenda

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:    1931037

End of Announcement EQS News Service
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1931037 24-Jun-2024 CET/CEST