Brief: Schaffner Posts H1 operating profit CHF 9.0 mln

Schaffner Holding AG

09/05/2018 05:10

May 9 (Reuters) - Schaffner Holding AG  SAHN.S :
    * H1 NEW ORDERS WERE UP 14.8 % YEAR-ON-YEAR TO CHF 114.4
MILLION
(PREVIOUS YEAR: CHF 99.6 MILLION)
    * H1 SALES ROSE 14.5 % TO CHF 108.3 MILLION (PREVIOUS YEAR:
CHF
94.6 MILLION)
    * SCHAFFNER HOLDING AG- H1 OPERATING PROFIT ROSE TO CHF 9.0
MILLION (PREVIOUS YEAR: CHF 6.0 MILLION), WHILE EBIT MARGIN
INCREASED TO 8.3 % (PREVIOUS YEAR: 6.4 %)
    * SCHAFFNER HOLDING - CO CONTINUES TO AIM FOR ORGANIC SALES
GROWTH
OF 5 % PER YEAR ON A MULTI-YEAR AVERAGE BASIS
    * H1  EARNINGS PER SHARE WERE CHF 6.24
    * CO EXPECTS EBIT MARGIN OF AT LEAST 8 % IN MEDIUM TERM
    * SCHAFFNER HOLDING - ASSUMING MATERIAL PRICES REMAIN
CONSTANT IN
H2, TO MAINTAIN EBIT MARGIN (EXCLUDING ONE-TIME EFFECTS) AT
LEAST AT LEVEL OF FIRST HALF

Source text for Eikon:  ID:nTENuyt96a 
Further company coverage:  SAHN.S 

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