Interroll expects solid growth in sales and particularly strong growth in net profit in first half of 2015
OREANDA-NEWS. Sant'Antonino, Switzerland, 18 June 2015. The Interroll Group managed to build on its strong fourth quarter of 2014 and has gotten off to a good start on all continents and in all product groups in financial year 2015. Expressed in the reporting currency Swiss franc, the company expects solid sales growth of at least 2 percent and particularly strong growth in net profit of at least 50 percent for the first half of 2015.
Interroll expects sales growth of at least 10 percent in local currency. Slightly positive currency developments in the dollar and in emerging markets were offset in the consolidated financial statements by extremely negative currency translation effects from Europe.
Despite negative currency translation effects on the consolidated financial statements in the reporting currency Swiss franc, but bolstered by the significantly higher sales in local currency and the fact that one-off development costs incurred in 2014 are no longer a factor this year, the Interroll Group expects to be able to increase its net profit in its half year results 2015 by at least 50 percent compared to the prior year period.
The companywill publish its complete Half Year Results 2015 Report on 7 August 2015.
The 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 (system integrators and OEMs) around the world. Core industries are courier, parcel and postal services, airports, food processing industry as well as distribution centers and other industries. Interroll products are in daily use at amongst others well-known global brands such as Amazon, Bosch, Coca-Cola, Coop, DHL, FedEx, Peugeot, PepsiCo, Procter & Gamble, Siemens, Walmart and 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 in 1959. The Interroll Group has been listed on the SIX Swiss Exchange and included in the SPI index since 1997.
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