Brief: Starrag Group H1 net profit up at CHF 6.4 mln

StarragTornos AG

27/07/2017 05:41

July 27 (Reuters) - STARRAG GROUP HOLDING AG  STGN.S : 
    * H1 NET PROFIT CLIMBS TO CHF 6.4 MILLION OR 3.2 PERCENT OF 
SALES, PLUS 133% 
    * H1 ORDER INTAKE DOWN 39% TO CHF 142 MILLION FROM 
PRIOR-YEAR PERIOD, 5% DECLINE IN LOCAL CURRENCY OVER THE 
PRECEDING 12-MONTH PERIOD 
    * ORDER BACKLOG FOR NEW MACHINES AMOUNTED TO CHF 284 MILLION 
AT THE END OF JUNE 2017, VIRTUALLY UNCHANGED FROM THE LEVEL 
REPORTED A YEAR AGO 
    * SALES ADVANCE 10% TO CHF 202 MILLION 
    * FOR 2017 AS A WHOLE, STARRAG GROUP BASICALLY CONFIRMS ITS 
GUIDANCE GIVEN IN MARCH 
 
     
 Source text - http://bit.ly/2tLJ4oU 
     
 Further company coverage:  STGN.S   
    
 
 
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