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SAHN — Schaffner Holding AG News Story

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Brief: Schaffner Holding aims to almost double sales to CHF 400 mln by FY 2019/20

Sept 24 (Reuters) - Schaffner Holding AG  SAHN.S : 
    * Aims to almost double group sales to 400 million Swiss 
francs ($408.66 million) by fiscal year 2019/20 
    * Has achieved average annual sales growth of about 8 pct in 
local currency terms since 2005 
    * Expects organic annual sales growth of over 5 pct, which 
it aims to significantly increase through acquisitions 
    * Is targeting an operating EBITA margin (EBIT before 
acquisition-related amortization) that is regularly above 8 pct 
 
Source text for Eikon:  ID:nTENi8lu4a  
Further company coverage:  SAHN.S  
 
($1 = 0.9788 Swiss francs) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))

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