Schweiter Technologies

Figures for 2011

Schweiter Technologies /
Schweiter Technologies: Figures for 2011
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The issuer is solely responsible for the content of this announcement.

Solid operating result in a difficult environment - high cash position -
attractive dividend proposal

Horgen, March 8, 2012 - In 2011, orders received amounted to CHF 857.7 million
(2010: 960.9). Net revenues reached CHF 785.6 million (2010: 932.1). This
represents a decrease of 16% (-6% after adjustment for currency effects). SSM
Textile Machinery suffered amid the downturn on the two core markets of China
and India, but reported an impressive result overall. Ismeca Semiconductor was
also impacted by a significant downturn in the semiconductor industry, but
nonetheless achieved a positive result in the 2nd half. 3A Composites posted
good results in the architecture and display segments, while the result achieved
in the core materials market was adversely affected in the second half of the
year by the strong downturn in China´s wind power sector.

The Group´s consolidated EBITDA totaled CHF 88.4 million (2010: 100.3),
corresponding to a return on sales of 11%. Net income amounted to CHF 47.5
million (1H 2010: 49.6). At 3A Composites, substantial headcount adjustments,
other operational improvements, early adoption of IAS 19 revised and the switch
to a defined contributions scheme in connection with the change in pension fund
reduced personnel costs as well as pension obligations and improved EBIT/EBITDA
by around  CHF 27 million and net income by CHF 22 million. Restructuring costs
impacted the result by approximately CHF 5 million.

At the end of 2011, the Group reported liquidity totaling CHF 296 million and an
equity ratio of 74%. A proposal will be put to the Annual General Meeting on May
9, 2012 that a repayment (exempt from withholding tax) of CHF 12 per bearer
share be made from reserves from capital contributions and that bonus shares be
distributed from capital contribution reserves at a ratio of 18:1  - the shares
will be distributed from treasury holdings. Provided liquidity is not required
for larger acquisitions in 2012, a dividend payment of a similar magnitude is
envisaged in 2013.

Rolf-D. Schoemezler will be stepping down from the Board of Directors on grounds
of age upon expiry of the present term of office in May 2012. He joined the
Schweiter Group in 1987 as CEO of SSM Textile Machinery and has been a member of
the Board of Directors since 1993. The other members will be standing for re-
election for a further term of office.