Ad-hoc | 29 January 2013 17:31
HOCHDORF Holding AG / Key word(s): Development of Sales
29.01.2013 17:31
Release of an ad hoc announcement pursuant to Art. 53 KR
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Hochdorf, 29 January 2013 - The HOCHDORF Group processed last year 423.4
million kg of liquid produce (-2.9% compared to the previous year's 435.8
million kg). The sales volume also remained largely stable at 90,196 tonnes
(-1.7 %). Gross sales revenue also held up. It stands at CHF 346.0 million,
only -0.2% below the previous year's figure of CHF 346.6 million. The
operative result at the EBIT level will be higher than the previous year's
value.
The HOCHDORF Group produced 423.4 Mio. kg of milk, whey and permeate in its
own plants in 2012 (-2.9% compared to the previous year). The main reason
for the slight decline was the reduced supply of milk in the months from
September to December. A larger amount of whey was processed during this
period to ensure the plants ran at full capacity.
Sales figures...
The amount of products sold in tonnes (90,196, non-consolidated) continued
in line with the previous year's level (91,766t; -1.7%). The area of infant
formula also moved in a very positive direction. HOCHDORF Nutricare AG
achieved a quantity growth of about 4,000 tonnes or +55.8% (previous year
7,115t) by selling 11,087 tonnes of infant formula. This meant, that it was
possible to significantly increase the capacity of the new spray tower
line. HOCHDORF Swiss Milk AG also achieved a record value of 12,500 tonnes
(+2.1%; previous year 12,240t) in the area of milk powder for the chocolate
industry.
...and gross sales revenue is at the same level as the previous year
In the recently completed business year the HOCHDORF Group achieved gross
sales revenue of CHF 346.0 million (unchecked; previous year CHF 346.6
million including CHF 7.2 million turnover from the sold HOCHDORF Nutribake
AG). 'The stable turnover was achieved thanks to the huge growth in the
area of infant formula,' explains Marcel Gavillet, CFO and CEO ad int.
However, it was not possible to reach the target turnover growth of three
per cent due to the collapse in milk supplies in the autumn months. Marcel
Gavillet is nonetheless expecting a higher operational result (EBIT) than
the previous year.
The complete company results for 2012 will be published on 17 April 2013.
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Information and Explaination of the Issuer to this News:
The HOCHDORF Group, based in Hochdorf, achieved a consolidated gross sales
revenue of CHF 346.6 million in 2011. It is one of the leading foodstuff
companies in Switzerland, employing 361 staff as of 31.12.11 (338 full-time
staff). Made from natural ingredients such as milk and wheat germ, HOCHDORF
products have been contributing to our health and wellbeing since 1895 -
from babies to senior citizens. Its customers include the food industry and
retail sector and and its products are sold in 80 countries. The shares are
traded on the SIX Swiss Exchange (ISIN CH0024666528).
29.01.2013 News transmitted by EquityStory AG.
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Language: English
Company: HOCHDORF Holding AG
Siedereistrasse 9
6281 Hochdorf
Switzerland
Phone: +41 41 914 65 65
Fax: +41 41 914 66 66
E-mail: hochdorf@hochdorf.com
Internet: www.hochdorf.com
ISIN: CH0024666528
Swiss Security Number:
Listed: SIX
End of Announcement EquityStory News-Service
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