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Tuesday, October 21, 2008
Ad hoc press release: Volume figures as at end of third quarter 2008
Satisfactory order and sales volume. Corrected result expectations.
The Mikron Group, a specialist in the production of machining and assembly systems, posted an order volume of CHF 193.3 million (-23.4%) and net sales of CHF 205.7 million (+9.2%) in the first nine months of the current financial year. The lower order intake volume was expected, given the high comparative value for the same period in 2007. Although sales rose, they did not meet expectations. Overall, however, sales volumes remained at a good level. Mikron is feeling the first effects of the financial crisis, especially the effects on the automotive industry. A selective adjustment of capacities will probably become necessary. The expected operating result (EBIT) will have to be corrected. The figure for the entire 2008 financial year will be lower than the previous year's figure.
Thursday, July 24, 2008
Results of the Mikron Group for the first half of 2008
Order and sales volume at a good level. Profits further improved.
The Mikron Group, a specialist in the production of machining and assembly systems, achieved an order intake of CHF 137.0 million (-22.2%) and net sales of CHF 144.5 million (+18.2%) in the first half of 2008. Taking account of the unusually high order volume in the previous year, both of these figures fulfilled expectations. The operating profit (EBIT) of CHF 5.2 million (+30.0%) and Group net earnings of CHF 4.3 million (+48.3%) developed positively and were both higher than in the previous year. For the entire financial year 2008, the targeted improvement on the previous year’s results is within reach.
Tuesday, April 29, 2008
Annual General Meeting of Mikron Holding AG
Mikron celebrates centenary
Mikron Holding AG today held its Annual General Meeting at the Kongresshaus in Biel. All items on the agenda were approved as proposed by the Board of Directors. The subsequent drinks reception included a celebration marking the company's centenary and the presentation of a book portraying Mikron as it is today.
Thursday, April 24, 2008
Volume figures for the first quarter 2008
Order intake at very good level. Significant increase in sales. Investor group extends its commitment.
The Mikron Group, a specialist in the production of machining and assembly systems, posted an order intake of CHF 84.8 million in the first quarter of the 2008 financial year and recorded net sales of CHF 68.3 million. Both values represent a very good level. Order intake (-2.9%) almost achieved the previous year’s extraordinarily high volume and exceeded expectations by a substantial margin. Net sales (+22.5%) are a reflection of the high order volume that Mikron achieved in the middle of last year. Achieving a significant improvement in operating profit (EBIT) remains the top priority for the 2008 financial year. The group of investors headed by Johann N. Schneider-Ammann is extending its commitment by another three years.
Friday, March 7, 2008
Result of the Mikron Group for the 2007 financial year
Solid growth, significantly improved results, healthy order books and positive prospects.
The Mikron Group, a specialist in the production of machining and assembly systems, posted net earnings of CHF 7.2 million in the 2007 financial year (+80.0%). Operating profit (EBIT) climbed to CHF 11.8 million, an improvement of +31.1%. Order intake reached CHF 311.5 million (+36.2%) and sales CHF 265.3 million (+8.4%). Mikron’s goal for the 2008 financial year is to achieve another step forward in growth and to significantly increase its operating profit (EBIT).
Tuesday, January 29, 2008
Volume Figures for Fiscal 2007
Mikron continues to grow: orders up 36.6%, sales up 8.5% year-on-year.
The Mikron Group, a specialist in the production of machining and assembly systems, posted an order intake of CHF 312.5 million in the 2007 financial year and recorded net sales of CHF 265.3 million. Both figures were up on the previous year, with the order intake exceeding expectations by a wide margin (+36.6%). Net sales increased by a good 8.5%. Operating profit (EBIT) and net earnings will once again improve compared with the previous year. The Mikron Group is starting the new financial year confidently and with a very good backlog of orders.
Monday, January 14, 2008
Management change
Franz Wyss, Co-Chief Operating Officer of the Machining Technology division, to leave Mikron
Franz Wyss, Co-Chief Operating Officer of the Machining Technology division and a member of Mikron Group Management, is to leave Mikron at the end of June 2008. He has decided to make this step in order to take up a new challenge and is leaving Mikron by mutual agreement. After Franz Wyss’s departure, the division will continue under the leadership of Markus Schnyder, currently Co-Chief Operating Officer of Machining Technology.
Tuesday, October 23, 2007
Volume figures at end of third quarter 2007
Significant growth in orders received (+33.9 %). Fresh increase in net sales.
The Mikron Group, a specialist in the production of machining and assembly systems, posted an order intake of CHF 253.8 million (+33.9 %) and net sales of CHF 188.4 million (+5.2 %) in the first nine months of the current financial year. Both volumes surpassed the already good level of the prior year. As far as orders are concerned, expectations were exceeded. This is likely to result in high net sales for the final quarter of the year. Conditions remain in place for an increase in operating profit (EBIT).
Thursday, September 6, 2007
Acquisition of Integral Systems
Acquisition completed
Further to the announcement of 30 August 2007, the acquisition of Singapore-based company Integral Systems Pte Ltd was successfully completed last Wednesday. The company will be integrated into the Mikron Group as a fully owned subsidiary of Mikron Holding AG.
Thursday, August 30, 2007
Acquisition
Mikron acquires automation specialist in Singapore
The Mikron Group, a specialist in the production of machining and assembly systems, has agreed to acquire the Singapore-based company Integral Systems Pte Ltd. The corresponding purchase agreement was signed on 29 August 2007. Through the acquisition of Integral Systems, the Mikron Group will establish a permanent presence on the Asian market. At the same time, it will allow the current range of assembly automation products to be expanded and adapted in line with the needs of the Asian markets. The deal is scheduled for completion within the next few weeks. The acquisition will be financed from the Group's own cash resources. Both parties have agreed not to disclose the purchase price. The Mikron Group's operating result (EBIT) for fiscal 2007 will not be significantly affected by the purchase.
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