The Infranor Group, a specialist in robotic automation systems, benefited from its strong foothold in North America and Asia to close out its 2012/2013 financial year (ended on 30 April) with a net profit after taxes of 1.2 million CHF (as against a forecast of 1.0 million CHF in March 2013 and a profit of 1.1 million CHF obtained in the previous financial year) despite a decline in its sales from 46.4 million CHF (2011/12) to 42.7 million CHF (2012/13).

Alongside the expansion of its sales areas, both geographically and in terms of applications, Infranor was able to increase its (relative) gross margin following the transfer of its assembly facilities to Asia and a more favourable product mix. In addition, there was a slight reduction in operating expenses, bringing the operational EBIT margin to 2.9 million CHF, representing 6.3% of total consolidated sales (7.3% in the previous year).

The evening out of exchange rate effects and the debt reduction measures that Infranor has put in place for the past three years have brought benefits, as the financial burden has fallen to 1.1 million CHF (1.8 million CHF in the previous year).

The company will provide definitive figures and detailed information on the 2012/13 financial year as well as comments on current business development during its presentation of the balance sheet on 22 August 2013.

distributed by