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Ad hoc announcement pursuant to Art. 53 LR

Moutier, 27/01/2015

Course of business 2014: Significant improvement

Course of business 2014: Significant improvement of sales and order intake

 

  • Sales increase by 16.6% to CHF 175.8 million
  • Order intake up 20.6% to reach CHF 183.2 million

 

The Tornos Group posted consolidated net sales of CHF 175.8 million in 2014, up significant 16.6% on the previous year (CHF 150.8 million). New orders totaled CHF 183.2 million, an increase of 20.6% compared to the year-back figure of CHF 151.9 million.

The Group’s results for 2014 will be published at the analysts and media conference scheduled for March 16, 2015 in Zurich, along with the potential impact on the business year 2015 due to the Swiss National Bank’s discontinuation of sustaining a minimum exchange rate between the Swiss Franc and the Euro.