Brief: Starrag FY net profit down 35 pct at CHF 9.5 million

StarragTornos AG

04/03/2016 05:40

March 4(Reuters) - Starrag Group Holding AG  STGN.S : 
    * FY sales 364 million Swiss francs, in local currency -0.1 
pct 
    * FY order intake down 18 pct to 333 million Swiss francs, 
in local currency down 11 pct 
    * FY net profit down 35 pct to 9.5 million Swiss francs, 
profit per share 2.78 Swiss francs 
    * Dividend payout of 1.20 Swiss francs per share, dividend 
payout ratio 43 pct 
    * FY 2016 sales in local currency are expected to be held 
around the level from 2015 
    * As for the operating margin in FY 2016, we expect to at 
least match the level reported in 2015 
 
     
  
     
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 Further company coverage:  STGN.S   
    
 
 
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