Brief: Carlo Gavazzi FY 2014/15 net income up 9.8 pct at CHF 12.3 mln

Carlo Gavazzi Holding AG

25/06/2015 05:45

June 25 (Reuters) - Carlo Gavazzi Holding AG  GAV.S : 
    * FY net income increases 9.8 pct to 12.3 million Swiss 
francs(2013/14: 11.2 million Swiss francs) 
    * FY operating revenue in Swiss francs decreased by 2.3 pct 
to 137.2 million Swiss francs (140.5 million Swiss francs in 
2013/14). 
    * FY gross profit decreased by 2.2 million Swiss francs to 
75.9 million Swiss francs 
    * Dividend of 12.00 Swiss francs per bearer share proposed 
to AGM 
    * In FY recorded bookings of 136.6 million Swiss 
francs(141.3 million Swiss francs in 2013/14) 
    * FY operating profit (EBIT) of 14.8 million Swiss francs, 
compared to 15.7 million francs (-5.7 pct) in previous year 
    * Decision of Swiss National Bank on Jan. 15, to remove 
EUR/CHF floor will have an impact on income statement in coming 
year 
    * Effect on this year's figures was only for two and a half 
months, while 2015/16 result will be impacted during whole year 
 
Source text for Eikon:  ID:nTEN9tl19a  
Further company coverage:  GAV.S  
 
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