Brief: Feintool International Holding FY oper profit down at CHF 32.9 mln

Feintool International Holding AG

08/03/2016 06:01

March 8 (Reuters) - Feintool International Holding AG 
 FTON.S : 
    * Generated sales of 508.9 million Swiss francs ($512.33 
million)in the 2015 financial year, which corresponds to an 
increase of 1.1 pct 
    * FY reported operating profit of 32.9 million Swiss francs 
- a decrease of 6.4 pct 
    * FY generated net income of 20.1 million Swiss francs, 
corresponding to a margin of 3.9 pct 
    * To propose to the annual general meeting on April 19 an 
unchanged dividend from capital contribution reserves of 1.50 
Swiss francs per share 
    * Is expecting business performance to be positive in 2016 
    * Anticipates in 2016 sales growth of 5 pct to around 530 
million Swiss francs and an EBIT margin of approx. 7 pct 
 
Source text for Eikon:  ID:nHUG4nqfRK  
Further company coverage:  FTON.S  
 
($1 = 0.9933 Swiss francs) 
 
 (Gdynia Newsroom) 
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