FY 2019: As expected, lower order intake and higher sales, while EBIT margin lower – order backlog still solid

• Order intake down 26% to CHF 343 million (down 24% at constant exchange rates)
• Sales up 8% to CHF 418 million (up 9% at constant exchange rates)
• Solid order backlog of CHF 284 million Operating result before restructuring costs EBITR up 8% to CHF 14 million, EBITR margin 3.4%, EBIT margin 1.1%
• Net income CHF 6.9 million – earnings per share CHF 2.02
• Solid balance sheet with 53% equity ratio
• Profit distribution of CHF 1.00 per share, payout ratio of 49% – i.e. at the upper end of the targeted range
• Initial effects of «Starrag 2021» program can be seen