Brief: Starrag FY order intake up 44 pct at 480 mln Swiss francs

StarragTornos AG

26/01/2017 06:14

Jan 26 (Reuters) - Starrag Group Holding  STGN.S : 
    * FY order intake plus 44 pct to 480 million Swiss francs  
($480.48 million), plus 43 pct in local currency 
    * FY order backlog of 348 million Swiss francs secures 
capacity utilization for well over a year 
    * FY sales plus 2 pct to 372 million Swiss francs, plus 1 
pct in local currency 
    * Expected EBIT margin 2016 on the order of the first six 
month and thus significantly below previous year 
 
     
 Source text - http://bit.ly/2jTWbfe 
     
 Further company coverage:  STGN.S   
    
 
 
 
($1 = 0.9990 Swiss francs) 
 
 (Gdynia Newsroom) 
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