Brief: Starrag Group Holding 9-month sales up 1.2 pct at CHF 270 mln
03/11/2015 05:32
Nov 3 (Reuters) - Starrag Group Holding AG STGN.S :
* During the first nine months of 2015, orders in the amount
of 230 million Swiss francs ($233.01 million) have been won,
which is 14 pct less than in the same period of last year
* Sales in the first three quarters of 2015 are 270 million
francs, topped the year-ago figure by 1.2 pct
* Order backlog for new machines stood at 229 million francs
as of Sept. 30, an increase of 4.1 pct compared to the end of
June
* 9-month net income amounted to 5.5 million francs (9.4
million francs in the prior-year period)
* 9-month operating profit (EBIT) came in at 9.5 million
francs (13.0 million francs in the prior-year period)
* Expects local order intake for 2015 as a whole to be lower
than the reported figure for 2014
* Sees FY 2015 sales in local currency almost unchanged
compared to the previous year
* Sees FY 2015 operating margin lower than in 2014
Source text: http://bit.ly/1N9Uz7b
Further company coverage: STGN.S
($1 = 0.9871 Swiss francs)
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))