S c h l i e r e n, January 23, 2020. The Schlatter Group generated net sales of CHF 93.3 million in the 2019 financial year, 16.3% lower than the previous year (2018: CHF 111.5 million). Orders received fell by 34.9 % to CHF 74.4 million (2018: CHF 114.2 million). Order backlog as at 31.12.2019 stood at CHF 26.3 million (31.12.2018: CHF 45.2 million). For the financial year 2019, an operating result (EBIT) of around CHF 1.0 million (2018: CHF 3.8 million) and a net profit of approximately CHF 0.5 million (2018: CHF 3.7 million) are expected.
On March 17, 2020, the detailed annual results for 2019 will be published in a press release as well as the annual report being made public on the company's website (www.schlattergroup.com).
Preliminary financial figures 2019 (unaudited)
1st half year
2nd half year
per 30.6, 31.12 respectively
Order backlog per 31.12
Schlatter Industries AG
Chief Executive Officer
Telephone +41 44 732 71 70
Mobile +41 79 343 62 62
Fax +41 44 732 45 02
17.03.2020 Publication of detailed annual results 2019
04.05.2020 Annual General Meeting
18.08.2020 Publication half-year results 2020
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.