Interroll Provides Earnings Guidance for the Year 2016
January 23, 2017 at 07:12 am EST
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Interroll provided earnings guidance for the year 2016. The internal logistics expert Interroll successfully continued its growth strategy and achieved record figures in 2016: Order intake reached CHF 405.2 million (+5.2% compared to the previous year) and net sales CHF 401.5 million (+11.3%). Operating profit (EBITDA) is expected to be at least 10% higher and net profit at least 20% higher than in the previous year. At CHF 405.2 million, order intake in 2016 was 5.2% higher than in the previous year (+4.4% in local currencies). Supported by a particularly strong fourth quarter in 2016, net sales in the reporting currency rose by 11.3% to CHF 401.5 million (+10.4% in local currencies), which also corresponds to a company record value. Organic sales growth contributed 11.2%. The operating result (EBITDA) is expected to be at least 10% and net profit at least 20% higher than in the previous year. The improvement in results is mainly due to higher net sales, high cost and investment discipline as well as productivity improvements implemented across the Group.
Interroll Holding AG is a Swiss manufacturer of products and services for in-house logistics. The Companyâs business is structured into four product groups. The Rollers group focuses on the production of conveyor rollers. The Drives group manufactures motors and drivers for conveyors. The Conveyors & Sorters encompasses conveyor and sorter systems. The Pallet & Carton Flow group is engaged in the storage activities. The Company offers its products to couriers, express and postal services, airports, food processing, and distribution sectors. Its clients portfolio includes global brands, such as Amazon, Bosch, Coca -Cola, Coop, DHL, FedEx , Peugeot, PepsiCo, Procter & Gamble , Siemens, Walmart and Yamaha. Interroll Holding AG is engaged in global research projects in the field of logistics efficiency and supporting industry associations in the development of standards. In May 2014, the Company established its first sales unit in Portugal.