Financial year 2018: Schlatter increases net sales, order intake and profits

Media Information

Financial year 2018: Schlatter increases net sales, order intake and profits

S c h l i e r e n, January 24, 2019. The Schlatter Group increased its net sales in the 2018 financial year by 10.2% to CHF 111.5 million (2017: CHF 101.1 million) and realised a 20.7% higher order intake of CHF 114.2 million to the previous year (2017: CHF 94.6 million). Order backlog as at 31.12.2018 stood at CHF 45.2 million (31.12.2017: CHF 42.5 million). The Schlatter Group expects an operating result (EBIT) for the financial year 2018 above the previous year of around CHF 3.8 million (2017: CHF 2.5 million) and a net profit of approximately CHF 3.7 million (2017: CHF 2.9 million)

The detailed annual results for 2018 will be published on March 19, 2019 by means of a press release and the annual report on the company's website (www.schlattergroup.com).

Preliminary financial figures 2018 (unaudited)

Schlatter Group
CHF Mio.	1st half year 2018	2nd half year 2018	Total 2018	Total 2017
Order intake	59.4	54.8	114.2	94.6
Net sales	53.7	57.8	111.5	101.1
Order backlog per 30.6, 31.12 respectively	48.2	45.2		42.5

Segments		Welding		Weaving
CHF Mio.	2018	2017	2018	2017
Order intake	94.8	73.8	19.4	20.8
Net sales	91.8	81.4	19.7	19.7
Order backlog per 31.12	37.5	34.5	7.7	8.0

Further information

Schlatter Industries AG

Werner Schmidli

Chief Executive Officer

Telephone [phone]

Mobile [phone]

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[e-mail]

Agenda

19.03.2019 Publication of detailed annual results 2018

14.05.2019 Annual General Meeting

20.08.2019 Publication half-year results 2019

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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