EQS-Adhoc

Planned changes at Von Roll Holding AG

EQS Group-Ad-hoc: Von Roll Holding AG / Key word(s): Restructure of Company
Planned changes at Von Roll Holding AG

05.07.2016 / 07:30
Release of an ad hoc announcement pursuant to Art. 53 KR.


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Planned changes at Von Roll Holding AG

Au / Wädenswil, July 5, 2016 - The activities of Von Roll Holding AG are
focused on its core business of electrical insulation and attractive
markets of the future such as electromobility. It has modernized its
factories worldwide over the past few years.

Von Roll is continuing to follow this path rigorously. In addition to
further investments of around CHF 30 million during the 2016 financial
year, the company also plans to implement extensive measures to reduce its
underlying fixed costs and increase its overall efficiency.

Essentially, Von Roll intends to

- Simplify its global management structure

- Transfer further production units

- Optimize its product portfolio

- Reduce administrative functional areas

- Streamline production processes

These measures would reduce annual fixed costs by more than CHF 18 million.

At the same time, there are plans to reduce headcount by up to 160 jobs,
including around 50 in Switzerland. Consequently, the sites that are
affected have introduced a consultation procedure or will due so in due
course.

The restructuring costs are estimated to amount to some CHF 8 million.
Implementing the planned reduction in numbers will enable some CHF 4
million to be saved during the 2016 financial year itself.

About Von Roll Holding AG: As a Swiss industrial company, Von Roll Holding
AG focuses on products and systems for power generation, transmission and
industrial applications. Von Roll is a global market leader for electrical
insulation products, systems and services and has a worldwide presence in
around 30 sites with about 2,000 employees.

Contact:
Claudia Güntert, Corporate Communications
T: [phone], F: [phone], E: [e-mail]

This press release is based on information currently available.
Unforeseeable risks and influences may lead to discrepancies with the
statements portrayed here. Furthermore, rounding differences may lead to
discrepancies in the reported figures. For more detailed information on the
company and business development, please see the Annual and Semi-annual
Report of Von Roll Holding AG.
They are available in digital form at http://www.vonrollgroup.com/.

End of ad hoc announcement

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05.07.2016 News transmitted by Tensid EQS AG. www.eqs.com

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Language: English
Company: Von Roll Holding AG
Steinacherstr. 101
8804 Au
Switzerland
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.vonroll.com
ISIN: CH0003245351
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart; Open Market in Frankfurt ; SIX


End of News EQS Group News Service
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477853 05.07.2016