Sales steady at constant exchange rates and solid order backlog

• Sales CHF 364 million, in local currency -0.1%
• Order intake -18% to CHF 333 million, in local currency -11%
• Order backlog of CHF 238 million ensuring capacity utilisation over 3 quarters
• EBIT -23% to CHF 15 million, operating margin 4.0%
• Net profit -35% to CHF 9.5 million, profit per share 2.78 CHF
• Solid balance sheet with 55% equity ratio, return on equity 4.9%
• Dividend payout of 1.20 CHF per share, dividend payout ratio 43%
• Strengthening sales power and further cost optimization