Figures for 2008

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CHF 450  million  net profit  from  disposal of  Satisloh.  Net  cash
position at around CHF 600 million. - Operating result at  break-even
despite marked decline in sales.

Horgen, March 6, 2009 - 2008 saw the order intake from continuing
operations drop by 38% to CHF 134.7 million (2007: 218.8). Revenues
from continuing operations amounted to CHF 158.1 million, which
represents a 27% decline (2007: 217.6). In the case of both SSM
Textile Machinery and Ismeca Semiconductor, the fall was due to
industry-specific cyclical factors. However, both divisions reported
operating profit at break-even (incl. one-off restructuring expenses
totaling CHF 3.4 million in the case of SSM Textile Machinery).

The Group's consolidated operating profit (EBIT) totaled CHF -2.9
million (2007: 13.2). Net income came to CHF 450.7 million (2007:
49.7), including CHF 449 million from the book profit on the disposal
of Satisloh.

The Group posted year-end liquidity totaling CHF 596 million on a
debt-free balance sheet. The disposal of Satisloh brought the Group
gains of some CHF 558 million. The equity ratio stood at 95%.
Schweiter Technologies is holding its annual results press conference
today at the Hotel Marriott, Neumühlequai 42, in Zurich, beginning
11.00 a.m.





                             Key figures



                                           Total   Total   Change

Schweiter Technologies Group (in CHF
millions)                                   2008    2007

Orders received - from continuing
operations                                 134.7   218.8         -38%
Gross revenues - from continuing
operations                                 158.1   217.6         -27%
Operating profit - from continuing
operations                                  -2.9    13.2            -
Net income                                 450.7    49.7        +807%


Segment information by division (in CHF
millions)

Continuing operations:

SSM Textile Machinery

Orders received                             74.2   107.2         -31%
Gross revenues                              81.7   106.9         -24%
Operating result                            0.1*    11.0         -99%

Ismeca Semiconductor

Orders received                             60.5   111.6        - 46%
Gross revenues                              75.9   110.3         -31%
Operating result                            -0.3     5.2            -


Discontinued operation:

Satisloh

Profit for the period (1.1 - 30.9.2008)
Book profit from disposal                   14.0    38.1
Net income - from discontinued             448.6       -
operation                                  462.6    38.1


* incl. one-off restructuring expenses of CHF 3.4 million.



SSM Textile Machinery
In an unfavorable market environment, SSM Textile Machinery posted
revenues of CHF 82 million and an operating profit of CHF 3.5 million
- before restructuring expenses in connection with the closure of the
Wuppertal plant. After deduction of this extraordinary charge, the
operating result stood at break-even.

In 2008, China, India and Turkey once again emerged as the countries
with the strongest revenues, albeit falling well short of prior-year
levels. There was a sharp rise in revenues in the Central and South
American market. Overall, customers once again became significantly
more cautious in their approach to investments toward the end of the
year.

The innovations presented at the 2007 ITMA textile machinery show
were successfully launched on the market and have already met with a
high degree of acceptance among customers. Thanks to new products and
tight cost management the gross margin was maintained in a difficult
market environment.

Ismeca Semiconductor
Ismeca Semiconductor did not escape the sharp downturn in the
semiconductor market. Sales declined by 31% to CHF 76 million and new
orders fell by as much as 46%. Despite this, the operating result
almost reached break-even thanks to a combination of greater product
innovation, relocation of production to Malaysia and a reduction in
the fixed-cost structure.

Asia is Ismeca's dominant market, accounting for more than 80% of
sales. China, the largest market, experienced a particularly sharp
decline of more than 60%. The product portfolio was expanded to
include three new turret applications for inspection and packaging.
In the promising LED market further innovations are in the pipeline
for 2009.

More than 70% of production has now been relocated to Malaysia,
resulting in substantial improvements in margins. Delivery times have
been cut by a total of 40% and fixed costs have been reduced by CHF 7
million within two years. The parent company in La Chaux-de-Fonds is
concentrating on innovation and special machines. The R&D function
has been reinforced significantly.

Outlook
From an operational point of view 2009 will be a demanding year. Both
divisions began the year with a low order intake. There is currently
no improvement in sight. However, both divisions are strategically
sound and are therefore prepared for the next upturn. The main
strategic focus is on channeling liquidity into investments which
create shareholder value. The prospects for this are promising - in
contrast with the imponderables on the operating front.

Please find the Annual results for 2008 in the PDF attached.


Schweiter Technologies AG, Neugasse 10, CH - 8812 Horgen, Switzerland
Tel. [phone] Fax [phone] [e-mail]
www.schweiter.com


 
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Schweiter Technologies
Neugasse 10 Horgen Switzerland

WKN: 879123; 
ISIN: CH0010754924; Index: SPI, SPIEX, SSCI;
;