Brief: SFS Group AG FY EBIT At CHF 330.3 Mln, Up 9.5% YoY

SFS AG

03/03/2023 05:37

March 3 (Reuters) - SFS GROUP AG  SFSN.S :
    * IN 2022, THE SFS GROUP GENERATED SALES OF CHF 2,746.1
MILLION
    * FY BOOSTED ITS OPERATING PROFIT (EBIT) BY 9.5% TO CHF
330.3
MILLION, WHICH CORRESPONDS TO AN EBIT MARGIN OF 12.1%
    * FY GENERATED ORGANIC GROWTH OF OVERALL 9.1% IN MOST END
MARKETS
AND REGIONS, ACHIEVING THIRD PARTY SALES OF CHF 2,746.1 MILLION
    * WITH THE CLOSING OF THE HOFFMANN TRANSACTION, MARTIN
REICHENECKER JOINED THE GROUP EXECUTIVE BOARD IN HIS ROLE AS CEO
OF HOFFMANN
    * BETTINA STADLER WILL NOT STAND FOR RE-ELECTION TO THE
BOARD OF
DIRECTORS AT THE 2023 ANNUAL GENERAL MEETING
    * CONSEQUENTLY, THE BOARD OF DIRECTORS PROPOSES THAT FABIAN
TSCHAN
BE APPOINTED AS A NEW MEMBER
    * OUTLOOK 2023: EXPECTS IN THE 2023 FINANCIAL YEAR SALES OF
CHF
3.2–3.3 BILLION
    * OUTLOOK 2023: BEFORE CONSOLIDATION EFFECTS – SALES GROWTH
ALONG
THE MID-TERM GUIDANCE OF 3–6%
    * OUTLOOK 2023: EBIT MARGIN ALONG THE MID-TERM GUIDANCE OF
12–15%
    * 2022 EPS CHF 6.95

Further company coverage:  SFSN.S 

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