Industrieholding Cham: Margins in Speciality Paper Under Pressure


CHAM, Switzerland, Oct. 27, 2005 (PRIMEZONE) -- In the first nine months of the current year, Industrieholding Cham (IC) generated consolidated net revenue of CHF 318.6 million (previous year CHF 330.3 million). Excluding revenue from the already divested wallpaper base business of the Cham Paper Group, this represents growth in net revenue of 2%.



 Net Revenue January 1 - September 30, 2005

                            2005      2004(a)    Change vs. 2004

                         CHF mio.   CHF mio.    CHF mio.     %
 Cham Paper Group          309.6       320.8      -11.2     -3.5%
 Net revenue excl. 
  wallpaper base           307.6       300.7       +6.9     +2.3%
 Hammer Retex Group          9.0         9.5       -0.5    -5.3%
 IC Group                  318.6       330.3      -11.7     -3.5%

(a) Excl. Kardex Group, deconsolidated as of 13.5.2004

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