Last SFr.61.50 CHF
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04/30/14 - SFr.77.35
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01/21/15 - SFr.55.20
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looser holding ag (LOHN) Details

Looser Holding AG operates as an industrial holding company. It operates through four business divisions: Coatings, Industrial Services, Temperature Control, and Doors. The Coatings division develops, produces, and markets water and solvent-based coatings on wood, metals, plastics, stone, glass, etc., for industrial and commercial applications. Its products are used in industrial and commercial areas of application, including the wood flooring industry, carpentry/joinery, production of wood-based materials, furniture industry, industrial wood processing, food industry, cosmetics industry, pharmaceutical industry, machinery and plant construction, car repair, trains, cooking equipment, various technical applications, and the construction industry. The Industrial Services division is engaged in trading and leasing modular space systems, construction machinery, and equipment in Switzerland. This division supplies self-erecting cranes, modular space systems, and plastic toilet units. The Temperature Control division develops, produces, and distributes temperature control systems, heat transfer systems, and recolling units. This division serves plastics, semiconductor, automotive, and pharmaceutical industries; and medical, electroplating, and food engineering sectors. The Doors division produces interior doors and door frames, which are marketed through specialist retailers. This division’s products include solid wood, white finish, ornamental, veneered, and laminated doors, as well as all-glass doors. It serves customers operating in construction industry, the renovations market, the specialist retail trade, and building supplies trade. The company has operations in Switzerland, Germany, Austria, Eastern Europe, China, Southeast Asia, and the United States. Looser Holding AG was founded in 1928 and is headquartered in Arbon, Switzerland.

Founded in 1928

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looser holding ag (LOHN) Key Developments

Looser Holding AG Announces Consolidated Earnings Results for Nine Months Ended Sept. 30, 2014

Looser Holding AG announced consolidated earnings results for nine months ended Sept. 30, 2014. For the period, the company reported net revenues of CHF 370,755,000, EBITDA of CHF 48,034,000, EBIT of CHF 30,786,000, consolidated net income of CHF 16,977,000 or CHF 4.47 cash-flow from operations of CHF 25,472,000 compared to the net revenues of CHF 364,631,000, EBITDA of CHF 43,264,000, EBIT of CHF 27,776,000, consolidated net income of CHF 16,600,000 or CHF 4.4 cash-flow from operations of CHF 7,854,000 for the same period a year ago. The company reported net debt of CHF 130,562,000.

Looser Holding AG Announces Ground-Breaking Ceremony for Logistics Hall and Office Building in Bendern

Looser Holding AG is investing some CHF 13 million in the modernisation of buildings and capacity expansion at the Schekolin AG site in Bendern. A logistics hall and an office building are being constructed on an area of 4,614 square metres. With the start of the extensive building work in Bendern (Principality of Liechtenstein), Looser Holding AG with its head office in Arbon Switzerland) is launching the next step in the further development of its coatings segment. In August 2014, the industrial holding company announced that it was realigning the manufacturing operations for wood coatings at Feyco AG/Treffert GmbH and for packaging coatings at Schekolin AG. In the period up until December 2015, the production operations of Feyco AG in St. Margrethen and Urdorf are being transferred to Schekolin AG in Bendern. The first phase of the construction project was completed in August already with the renovation of the floor in the existing Schekolin production shops. The ground-breaking ceremony marks the start of the second construction phase, which involves building a new logistics hall with a useable area of 2,114 square metres. The hall will accommodate the finished goods store, outgoing goods, the laundry, the plant workshop and the plant fire brigade. In addition, a three-storey office block extension is being built to provide some 290 square metres of office and laboratory space. The new buildings are steel structures with a sandwich panel façade. This design satisfies the latest requirements in terms of ecology, the Major Accident Ordinance, occupational safety and ergonomics. For the building project, Schekolin AG is being connected up to the local district heating network operated by the waste incineration plant and is thus implementing a CO2-neutral heating solution. The sewers and the fire-water and retention systems ensure that the plant can be completely hermetically sealed-off in the event of an accident. In the storage and intermediate areas, loading and removal devices are to be deployed, contributing to the optimisation of material flow processes.

Looser Holding AG Announces Resignation of Markus Kalberer from the Extended Group Executive Management

Markus Kalberer, Managing Director of the Condecta Group is stepping down from the Extended Group Executive Management of the Looser Group. Markus Kalberer has been Managing Director of the Condecta Group (Industrial Services Division) since October 2004. Markus Kalberer is stepping down from his functions at his own request.


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