Schlatter ends the 2022 financial year with a high order backlog

SCHLATTER INDUSTRIES AG - SIX SWISS EXCHANGE: STRN - ISIN: CH0002277314
Ad hoc announcement pursuant to article 53 LR   

S c h l i e r e n, 26 January, 2023. In the 2022 financial year, the Schlatter Group achieved an or-der intake of CHF 128.1 million (2021: CHF 135.5 million). Net sales rose again to CHF 110.5 million (2021: CHF 94.6 million), an increase of 16.8%. As at December 31, 2022, the order backlog of CHF 89.4 million is significantly higher than in the previous year. (31.12.2021: CHF 71.8 million). The operating result (EBIT) for the 2022 financial year is expected to be in the mid-single-digit millions again. Capacity utilisation at all plants is secured until the end of 2023 thanks to the high order backlog.

The detailed annual results for 2022 will be published on March 31, 2023, by an ad hoc announcement as well as with the annual report being made public on the company's website (www.schlattergroup.com).

Preliminary financial figures 2022 (unaudited)

Further information

Schlatter Industries AG

Werner Schmidli

Chief Executive Officer

Telephone +41 44 732 71 70

Mobile +41 79 343 62 62

werner.schmidli@schlattergroup.com

Agenda

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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This information can be downloaded as a PDF from the following link:
Ad hoc announcement pursuant to article 53 LR

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