Solid order backlog ensures good level of capacity utilization – order intake marked by volatility – positive sales growth before currency effects – slightly lower operating margin 

• Order backlog of CHF 220 million ensures a good level of utilization for the coming quarters
• Order intake minus 23 % versus the prior-year period
• Organic sales growth plus 3.5 %, in CHF minus 4.3 %
• EBIT margin of 3.9 % (4.7 % in the prior-year period)
• Net profit of CHF 3.1 million of CHF 0.92 per share, adversely affected by the revaluation of euro positions
• Full-year projections subject to additional uncertainty