The Interroll Group managed to successfully continue its growth course
OREANDA-NEWS. The Interroll Group managed to successfully continue its growth course and shows a strong order intake and a high sales growth for the financial year 2014.
The company increased order intake by 12.0% in local currencies and by 10.0% to CHF 350.7 million in consolidated currency (2013: CHF 318.9 million). Thereof organic growth was 7.4%. The development of the region Americas (USA, Canada, Brazil) was particularly pleasant and showed a plus in order intake of 26.2%. This includes only the first of overall six sorters for the Brazilian Post out of the supplier agreement published in November 2014. This first sorter will be delivered in 2015.
Compared to the previous year, net sales showed a strong increase of 8.0% in local currencies and of 6.0% to CHF 335.4 million in consolidated currency (2013: CHF 316.3 million). Net acquisition effects come to 2.4% of the growth in consolidated currency. The company was able to also grow sales by 3.6% in the demanding EMEA region (Europe, Middle East, Africa).
In 2014, Interroll made high strategic investments into its future long-term growth and sustainable profitability. The development costs and the launch of the new modular conveyor platform as well as the consolidation of plants in Northern America in the course of the Portec acquisition in 2013 and the new Center of Excellence in Atlanta have a one-off impact on the full financial year 2014 which is in the medium single-digit millions. Nevertheless, the company expects EBITDA and the result to be only around 3.5% and respectively 7.0% lower than in the previous financial year.
Due to a significant increase in business in the fourth quarter of 2014, Interroll starts with a good Book-to-Bill ratio of 1.04 (2013: 1.01) in the financial year 2015.
Interroll will publish the detailed figures for the financial year 2014 on 20 March 2015.
Financial calendar 2015
23 January 2015 | Preliminary financial figures 2014 |
20 March 2015 | Publication of Annual Report 2014 and balance sheet press conference |
8 May 2015 | Annual General Meeting |
7 August 2015 | Publication of Half-Year Report 2015 |
Interroll Profile
Interroll Group is a worldwide leading producer of high-quality key products and services for internal logistics. The company offers a broad product range in the four product groups “rollers”, “drives”, “conveyors & sorters” and “pallet & carton flow” to around 23,000 customers around the world. Core industries are courier, parcel and postal services, airports, food processing industry as well as distribution centres and other industries. Customers are amongst others well-known global brands such as Amazon, Bosch, Coca-Cola, Coop, DHL, FedEx, Peugeot, PepsiCo, Procter & Gamble, Siemens, Walmart or Yamaha. Interroll is engaged in global research projects for logistics efficiency and actively supports industry associations in developing standards. Headquartered in Sant’Antonino, Switzerland, Interroll operates a worldwide network of 31 companies with around 1,800 employees. The company was founded 1959. Interroll Group has been listed on the SIX Swiss Exchange and included in the SPI index since 1997.
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