Brief: Schaffner Expects To Remain In Profit Zone Despite Significant Sales Decline In H1 2019/20

Schaffner Holding AG

16/04/2020 05:04

April 16 (Reuters) - Schaffner Holding AG  SAHN.S :
    * SCHAFFNER EXPECTS TO REMAIN IN PROFIT ZONE DESPITE A
SIGNIFICANT
SALES DECLINE IN FIRST HALF OF FISCAL 2019/20
    * NET SALES OF SCHAFFNER GROUP FELL BY 15% TO CHF 86.0
MILLION IN
FIRST HALF OF FISCAL 2019/20
    * BOARD OF DIRECTORS AND EXECUTIVE COMMITTEE ARE WAIVING A
PART OF
THEIR FIXED COMPENSATION

Source text for Eikon:  ID:nTENnoomra 
Further company coverage:  SAHN.S 

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