Schlatter increases net sales and profits

Media Information

Schlatter increases net sales and profits

S c h l i e r e n, January 25, 2018. The Schlatter Group increased its net sales in the 2017 financial year by 11.7% to CHF 101.1 million (2016: CHF 90.5 million) and realised a lower order intake of CHF 94.6 million to the previous year (2016: CHF 107.7 million). Order backlog as at 31.12.2017 stood at CHF 42.5 million (31.12.2016: CHF 49.0 million). The Schlatter Group expects the operating result (EBIT) for the financial year 2017 to be higher than in the previous year of around CHF 2.5 million (2016: CHF 1.1 million) and a net profit of approximately CHF 3.0 million (2016: CHF 0.5 million)

The detailed annual results for 2017 will be published on March 20, 2018 by means of a press release and the annual report on the company's website (www.schlattergroup.com).

Preliminary financial figures 2017 (unaudited)

Schlatter Group

CHF Mio.	1st half year 2017	2nd half year 2017	Total 2017	Total 2016
Order intake	49.1	45.5	94.6	107.7
Net sales	47.4	53.7	101.1	90.5
Order backlog per 30.6, 31.12 respectively	50.9	42.5		49.0

Segments

		Welding		Weaving
CHF Mio.	2017	2016	2017	2016
Order intake	73.8	86.7	20.8	21.0
Net sales	81.4	69.8	19.7	20.7
Order backlog per 31.12	34.5	42.1	8.0	6.9

Personnel changes in the management

After 7 years as head of Human Resources at the Schlatter Group, Michaela Wingeier will take on a new challenge outside the Schlatter Group and leave the company on 31.7.2018. The board of directors and the members of the management cordially thank her for her dedication and her service to the Schlatter Group.

Further information

Schlatter Industries AG

Werner Schmidli

Chief Executive Officer

Telephone [phone]

Mobile [phone]

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Agenda

20.03.2018 Publication of detailed annual results 2017

03.05.2018 Ordinary General Assembly

21.08.2018 Publication half-year results 2018

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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