Schlatter's performance in the financial year 2012 S c h l i e r e n, January 28, 2013. The business performance of the Schlatter Group (SIX Swiss Exchange: STRN) in 2012 was affected by the debt crisis in Europe, the strong Swiss franc and, in particular, by overcapacity in the market in its Wire product area. At CHF 104.6 million, the Group recorded a drop in orders for the financial year 2012 compared to the previous year (2011: CHF 130.0 million). Net sales for the reporting period total CHF 115.5 million (CHF 117.7 million). Order intake as at December 31 fell compared to the previous year to CHF 40.0 million (CHF 50.9 million). Schlatter Group 1st half of 2nd half of Total Total CHF million 2012 2012 2012 2011 Order intake 67.6 37.0 104.6 130.0 Net sales 60.7 54.8 115.5 117.7 Order backlog as of 57.7 40.0 50.9 30.6. and 31.12. Performance of the individual segments: Welding Weaving CHF million 2012 2011 2012 2011 Order intake 68.5 94.7 36.1 35.3 Net sales 70.4 89.5 45.1 28.2 Order backlog as of 31.12. 28.0 29.9 12.0 20.9 Detailed results for the financial year 2012 and the outlook for 2013 will be published in a press release on March 14, 2013.The annual report will be released on the company website (www.schlattergroup.com) on the same date. Changes in Group Management Peter Möller, Head of Operations, has decided to pursue a new professional challenge. He will leave the Schlatter Group during the first half year of 2013. Further information Schlatter Holding AG Werner Schmidli Chief Executive Officer Telephone +41 44 732 71 70 Fax +41 44 732 45 02 firstname.lastname@example.org Financial calendar Publication of detailed results for the financial year 2012 through 14.03.2013 a press release and publication of the annual report 2012 on the company website. 07.05.2013 Annual General Meeting of Shareholders 22.08.2013 Publication of half-year report 2013 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 Domestic 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 including statements using the words "believes", "assumes", "expects" or formulations of a similar kind. 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. Schlatter Press release Provider Channel Contact Tensid Ltd., Switzerland newsbox.ch Provider/Channel related enquiries www.tensid.ch www.newsbox.ch email@example.com +41 41 763 00 50
Schlatter's performance in the financial year 2012
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