Brief: Schaffner Holding sees FY 2014/15 sales at prior-year level
March 5 (Reuters) - Schaffner Holding AG SAHN.S :
* Estimates that sales for fiscal year 2014/15 and for first
half will remain at prior-year level
* EBIT margin is expected to be around 3 pct for first half
(prior year: 4.8 pct) and around 5 pct for fiscal year 2014/15
(prior year: 7.0 pct)
* Removal of CHF/EUR floor on Jan. 15 will reduce EBIT
margin in fiscal year 2014/15 by around 1 percentage point
Source text for Eikon: ID:nTENv19mba
Further company coverage: SAHN.S
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))
Recent news on Schaffner Holding AG
See all newsBrief: Extraordinary General Meeting Of Schaffner Holding AG Elects New Board Of Directors And Approves Delisting
Brief: Schaffner Holding AG: Te Connectivity Publishes Provisional End Result Of Public Tender Offer
Brief: Schaffner: TE Connectivity's Tender Offer Period To Start Oct. 13
Schaffner heads for best day ever after tender offer from TE Connectivity
Brief: Schaffner Says Half Year Net Sales Rose By 7.4% Year-On-Year To Chf 84.8 Million