Brief: Schaffner Holding reports FY net sales up 10.1 pct to CHF 214.6 mln

Schaffner Holding AG

09/12/2014 05:28

Dec 9 (Reuters) - Schaffner Holding AG  SAHN.S : 
    * Says increased its net sales by 10.1 pct in fiscal 
2013/14, from 194.9 million Swiss francs to 214.6 million Swiss 
francs 
    * FY new orders amounted to 215.9 million Swiss francs 
(prior year: 196.8 million Swiss francs) 
    * FY group's gross margin widened from 27.0 pct to 29.2 pct 
and operating margin (EBIT margin) was pushed up from 4.7 pct to 
7.0 pct 
    * FY operating profit (EBIT) increased by 60 pct to 15.0 
million Swiss francs (prior year: 9.2 million Swiss francs) 
    * FY net profit doubled, reaching 12.6 million Swiss 
francs(prior year: 6.1 million Swiss francs) 
    * Proposal to be put at annual general meeting of Jan. 15, 
2015 to pay dividend of 6.50 Swiss francs per share (prior year: 
4.50 Swiss francs) 
    * For fiscal 2014/15 is targeting a percentage growth rate 
in mid-single digits for sales, as well as a continuing 
improvement in EBIT margin 
 
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Keywords: SCHAFFNER/RESULTS