Brief: Schaffner confirms targets for organic growth, operating result

Schaffner Holding AG

20/09/2016 05:47

Sept 20(Reuters) - Schaffner Holding AG  SAHN.S : 
    * Says confirms organic growth target for net sales of more 
than 5% annually and EBIT margin target of 8% defined in the 
2020 strategy 
    * Potential impact on sales of acquisitions has been omitted 
from the strategic guidance for the period up to fiscal 2019/20 
    * For fiscal year 2015/16 (as at Sept. 30, 2016), Schaffner 
still expects to achieve net sales of over 180 million Swiss 
francs ($183.60 million) 
    * In terms of operating EBITA, a sequential improvement over 
the first half of the year is expected 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nTENf2f9wa 
     
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($1 = 0.9804 Swiss francs) 
 
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