News

04.05.2020

Positive business year 2019

The 2019 financial year was closed with a positive annual result. Despite the modest growth prospects and uncertain markets, we again invested in production facilities, digitization and energy reduction.

The slowing of the economy, high competitive pressure and the continuing and recently increased currency distortions are shaping the company result. Revenues fell to CHF 94.4 million (previous year CHF 105.4 million), but the financial year could still be closed with a positive annual result of CHF 0.2 million (previous year CHF 0.7 million). The equity ratio of more than 80% is extremely healthy and provides additional security for business partners, employees and shareholders in a difficult market environment.

In 2019, the digitalization process was further advanced. Thanks to the expanded customer service, registered customers now have 24/7 access to an online customer portal.

In production, digitization opens up new possibilities, which the company is consistently using to further increase the already high level of automation.

In future, we see further market potential in the automotive industry, among others. "Opportunities for the aluminium industry are opening up as a result of the transformation of the European automotive industry to electrical and other drive concepts, which will increase the medium-term demand for extruded products," explains Patrick Villiger, CEO of Aluminium-Laufen AG Liesberg.

Further information in the media release (in german language).