EQS Group-Ad-hoc: Von Roll Holding AG / Key word(s): Miscellaneous
Von Roll: Reinforcement of capital structure lays foundations for further growth
This results in a significant strengthening of the capital base of Von Roll and leads to an equity ratio of more than 68%. CEO Dr. Christian Hennerkes comments: "We regard this step as a strong proof of trust which opens up completely new opportunities for the ongoing strategic realignment of the Group. In addition, the stronger equity base together with the improved operating cash flow will enable us to approach also non-organic growth in the future".
At the same time, Von Roll continues to systematically expand its product portfolio and to transform its decades of expertise in the field of electrical and thermal insulation into the rapidly growing market for e-mobility.
The conversion will increase net income by CHF 6 million annually from 2019.
Notice of conversion:
About Von Roll Holding AG: As a Swiss industrial company, Von Roll Holding AG focuses on products and systems for power generation, transmission, storage and distribution. Von Roll is a global market leader for electrical insulation products, systems and services and has a worldwide presence in 14 production sites with 1,450 employees. The company supplies customers in over 80 countries.
End of ad hoc announcement
|Company:||Von Roll Holding AG|
|Phone:||0041 (0)61 785 52 36|
|Listed:||Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart; SIX Swiss Exchange|
|End of Announcement||EQS Group News Service|
755815 10-Dec-2018 CET/CEST
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|Von Roll AG||1,06||0,00%|