EANS-Adhoc: Valora Holding AG / Valora focuses on the internationalisation of
its Retail division and strengthens the organisational structures of its Retail
Switzerland operations
Geschrieben am 12-01-2011 |
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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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Valora focuses on the internationalisation of its Retail division and
strengthens the organisational structures of its Retail Switzerland
operations
12.01.2011
Valora focuses on the internationalisation of its Retail division and
strengthens the organisational structures of its Retail Switzerland
operations - Change of management at Retail division - Organisational
structures of Retail Switzerland operations strengthened - 2010
earnings guidance confirmed
As part of its new "Valora 4 Growth" strategy programme, Valora
Holding AG is carrying out important changes at its Retail division.
These are focused on the internationalisation of the division´s
business, with particular emphasis on the German market, and on
strengthening the organisational structures of its Retail Switzerland
operations.
Change of management at Retail division
Kaspar Niklaus, the current head of the Retail division, has decided,
for personal reasons, to leave Valora´s Group Executive Management
and will pursue new challenges outside Valora. Thomas Vollmoeller and
the entire Board of Directors regret this decision and are grateful
to Kaspar Niklaus for the substantial commitment and effort he has
put into Valora over the last three years. In Thomas Vollmoeller´s
words, "During his time with Valora, Kaspar Niklaus has made a
significant contribution towards putting the division back on a
successful trajectory, and has implemented both a solid turnaround
and a rising trend in operating margins."
In order to ensure a smooth handover of management duties in the
division, it has been agreed that Valora will be able to draw on
Kaspar Niklaus´s expertise over the next few months.
With effect from January 17, 2011, Andreas Berger will be the new
head of Valora´s Retail division. Andreas Berger, who is 44 years old
and a German citizen, studied business administration at the
University of St. Gallen. He has many years of sound experience of
the European retail sector. In his last job, Andreas Berger was
responsible for the management of two important regions at the Aldi
Group, with some 1,400 employees and annual turnover of some EUR 500
million. He played a determining role in bringing about the
successful expansion achieved by the areas he managed. Andreas
Berger´s nomination as CEO of Valora Retail and his appointment to
Group Executive Management underscore the importance which Valora
Holding AG´s management attaches to the "Valora 4 Growth" strategy
programme´s objectives for international expansion, and the
importance of the German market in these plans.
Organisational structures of Retail Switzerland operations
strengthened
At the same time as its change of management, the Retail division
will also be adapting its organisational structure in Switzerland. In
order to strengthen the division´s organisation, Stefan Gächter, the
head of logistics, will take on the newly-created role of head of
Operations Retail Switzerland (basically consisting of purchasing
department, enterprise resource planning and logistics). As part of
the turnaround Valora has executed since 2008, Stefan Gächter
successfully re-engineered the Group´s entire supply chain and
logistics operations, thus creating a highly efficient
service-providing unit for the Group. Stefan Gächter´s new role will
make him an ideal complement to the division´s well-established Swiss
management team (Patrick Stäuble | k kiosk, Pascal Le Pellec | avec.,
Hanspeter Büchler | P&B, Thomas Haupt | Caffè Spettacolo).
2010 earnings guidance confirmed
Valora will report its 2010 results at a media and financial
analysts´ conference to be held on March 25, 2011. The Group is
confident that, as planned, its operating profit will be raised to
the lower end of the CHF 81-86 million range.
end of announcement euro adhoc
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ots Originaltext: Valora Holding AG
Im Internet recherchierbar: http://www.presseportal.de
Further inquiry note:
Investor Relations: Tel: +41 58 789 12 20
Mladen Tomic E-Mail: mladen.tomic@valora.com
Media Relations: Tel: +41 58 789 12 01
Stefania Misteli E-Mail: stefania.misteli@valora.com
Branche: Retail
ISIN: CH0002088976
WKN: 208897
Börsen: BX Berne eXchange / stock market
SIX Swiss Exchange / Main Standard
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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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