Accu Holding AG
Accu Holding AG: Group Turnover 2015
EQS Group-Ad-hoc: Accu Holding AG / Key word(s): Development of Sales/Final Results Press Release Accu Holding Pre-Publishes 2015 Sales Emmenbrücke, 6th of January 2016 – Accu Holding AG (ACUN SW) closed its financial year 2015 with unaudited consolidated turnover of CHF 156m (previous CHF 132.9m). This excludes a potential positive one-time effect attributable to the implementation of a POC accounting method for project based revenues within the Cieffe Group. Total turnover has been affected by special factors. The continued drop in oil price, as already stated in our H1 2015 press release, negatively affected Industrial Yarns (Nexis), impacting the formula of the price calculation for the end customer, resulting in a value reduction of CHF -10.1m. However, margins or operating profit remain unaffected. In term of volume Nexis Group improved significantly by 12.3% to 31’831 tonnes (previous 28’354 t). Furthermore, the Surface Technology division in Switzerland (RCT) changed its accounting system to toll manufacturing with a key customer per end September 2015. For the last three months of the calendar year 2015 this technical loss of turnover amounted to CHF – 0.9m. Adjusted by these one-time effects, total sales for the fiscal year 2015 would have reached CHF 167m and matched our financial turnover guidance. Assuming an exchange rate of EUR/CHF 1.08 the order backlog by year end 2015 for Accu Group stood at a solid CHF 64.1m. Further information will be disseminated following the publication of the full year 2015 report in April 2016. For further information: Andreas Kratzer Accu Holding AG – Company Profile End of ad hoc announcement +++++ Additional features: Document: http://n.eqs.com/c/fncls.ssp?u=BYHSPCMXON Document title: Accu Sales 2015e 2016-01-06 News transmitted by EQS Schweiz AG. www.eqs.com – news archive: http://switzerland.eqs.com/de/News The issuer is responsible for the contents of the release. |
Language: | English | |
Company: | Accu Holding AG | |
Gerliswilstrasse 17 | ||
6021 Emmenbrücke | ||
Switzerland | ||
Phone: | +41 44 318 88 00 | |
Fax: | +41 44 318 88 02 | |
E-mail: | info@accuholding.ch | |
Internet: | www.accuholding.ch | |
ISIN: | CH0001366332 | |
Valor: | 136633 | |
Listed: | Foreign Exchange(s) SIX | |
End of News | EQS Group News Service |