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STRN — Schlatter Industries AG News Story

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Brief: Schlatter Industries H1 net loss widens to CHF 2.8 mln

Aug 21 (Reuters) - Schlatter Industries AG  STRN.S : 
    * Order intake of group was 38.1 million Swiss francs ($40.2 
million) for first half of 2015, which is significantly lower 
than during same period last year 
    * Operating loss of 2.5 million Swiss francs occurred in 
first half of 2015 as a result of euro exchange rate (1st half 
of 2014: loss of 0.5 million Swiss francs) 
    * H1 order intake of 38.1 million Swiss francs(1st half of 
2014: 61.0 million Swiss francs) 
    * H1 consolidated net sales amounted to 42.1 million Swiss 
francs (47.7 million Swiss francs at unchanged exchange rates, 
1st half of 2014: 44.8 million francs) 
    * Net result for first half of 2015 amounted to -2.8 million 
francs (first half of 2014: -0.9 million francs) 
    * For full year, Schlatter Group continues to expect an 
operating loss in middle single-digit million range 
    * Balanced result is again targeted for 2016 
 
     
Source text for Eikon:  ID:nTENq9ejla  
Further company coverage:  STRN.S  
 
($1 = 0.9489 Swiss francs) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 39 20;))

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