Orell Füssli: Results about the 2006 Financial Year

The Orell Füssli Group with its five divisions increased the turnover by 5% compared to the previous year s figure of CHF 353 million. The net income of CHF 27.4 million is significantly higher than the 2005 figure of CHF 14.9 million. The previous year was charged by special factors. However, the 2006 figures were also 14% higher than the good results of 2004.

The industry-oriented business of Atlantic Zeiser improved turnover and EBIT. As the special burdens that handicapped the 2005 accounts could be eliminated, net income 2006 was substantially better than the year before. Security printing was well charged with workload throughout 2006. Problems, which jeopardised the previous year s results have been overcome. The high capacity utilization was mainly due to printing of banknotes for export.

With book retailing demand was slow. Turnover was slightly higher than in 2005 but did not meet the expectations. This is partly due to the ongoing erosion of prices in book retailing. The operational profit was additionally influenced by problems due to the implementation of a new ERP system. The publishing activities improved the result significantly at slightly higher sales. Both business information and book publishing contributed to the profit improvement.

For further information please have a look on www.orellfuessli.ch

News