Brief: Schaffner Holding confirms guidance despite special effects

Schaffner Holding AG

05/02/2018 05:50

Feb 5 (Reuters) - Schaffner Holding AG  SAHN.S : 
    * CONFIRMS GUIDANCE DESPITE SPECIAL EFFECTS 
    * CONFIRMS THE GUIDANCE ISSUED IN DECEMBER 2017 AS PART OF 
THE 
RESULTS REPORTING 
    * FOLLOWING IMPLEMENTATION OF US TAX CUTS AND JOBS ACT ON 
JAN. 1, 
2018, WILL HAVE TO MAKE A ONE-TIME ADJUSTMENT ON DEFERRED TAX 
ASSETS IN NORTH AMERICA OF APPROXIMATELY CHF 2.7 MLN 
    * ONE-TIME ADJUSTMENT EXPECTED TO BE PARTIALLY OFFSET BY 
OTHER 
SPECIAL EFFECTS 
    * ASSUMES THAT THESE SPECIAL EFFECTS WILL RESULT IN A 
SLIGHTLY 
LOWER NET PROFIT FOR THE FIRST HALF OF 2017/18 THAN THE 
COMPARABLE FIGURE OF THE PREVIOUS YEAR 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nAWP4Kj5dX 
     
 Further company coverage:  SAHN.S   
    
 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))