Interroll expects to see a considerable increase in sales and profitability for the first half of 2021
In the first months of 2021, Interroll recorded consistently high demand for its products and solutions in all three regions and across most of the industries served. Sales are expected to increase considerably in comparison with the same period of the previous year.
In addition, the Group continued to pursue its global cost fitness program in order to improve efficiency and productivity. This is particularly important when it comes to countering a currently steep increase in global raw material prices, which followed the COVID-19-pandemic. Overall, the result for the first half of 2021 is expected to be significantly higher compared with the same period of the previous year, which was negatively affected by the developments of the COVID-19 pandemic.
“We do maintain our cautious optimism on Interroll’s position and the overall market development,” says Heinz Hössli, Chief Financial Officer of the Interroll Group. “However, due to some special effects from lockdowns and project postponements, we consider the comparability of both periods as limited.”
Interroll’s half-year report will be published on August 2, 2021.
The Interroll Group is the world’s leading provider of material handling solutions. The company was founded in 1959 and has been listed on the SIX Swiss Exchange since 1997. Interroll supplies system integrators and plant manufacturers with a comprehensive range of platform-based products and services in the categories "Rollers" (conveyor rollers), "Drives" (motors and drives for conveyor systems), "Conveyors & Sorters" (conveyors & sorters) and "Pallet & Carton Flow" (flow storage). Interroll solutions are used in express and postal services, e-commerce, airports, food & beverage, fashion, automotive and other industries. The company counts leading brands such as Amazon, Bosch, Coca-Cola, DHL, Nestlé, Procter & Gamble, Siemens, Walmart and Zalando among its users. Headquartered in Switzerland, Interroll has a global network of 34 companies with sales of around CHF 530.6 million and 2,300 employees (2020).
Interroll (Schweiz) AG
Via Gorelle 3
CH6592 Sant’Antonino
Telefon: +41 (91) 85025-25
Telefax: +41 (91) 85025-55
http://www.interroll.com
Telefon: +41 (91) 85025-21
E-Mail: m.regnet@interroll.com