Brief: Von Roll Holding FY EBIT loss narrows to CHF 23.0 mln

Von Roll Holding AG

16/03/2016 06:00

March 16 (Reuters) - Von Roll Holding AG  ROL.S : 
    * FY sales down by 15.3 pct at 354.8 million Swiss francs  
($359.36 million) due to currency and copper effects as well as 
low crude oil prices 
    * FY EBIT of minus 23.0 million Swiss francs, a much 
smaller loss than previous year 
    * 150 million Swiss francs convertible bonds issued to 
secure long-term funding 
    * Is planning to issue a 150 million Swiss francs 
convertible bonds with a term of six years and a conversion 
price of 1.00 Swiss franc 
    * Bond will have a coupon of 1.00 pct p.a., payable 
annually in arrears 
    * Plant consolidation and modernisation measures on track 
 
Source text for Eikon:  ID:nEQ187GVQa  
Further company coverage:  ROL.S  
 
($1 = 0.9873 Swiss francs) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))