Brief: Starrag Group Holding H1 sales up 3.5 pct to CHF 182 mln

StarragTornos AG

24/07/2015 05:27

July 24 (Reuters) - Starrag Group Holding AG  STGN.S : 
    * Sales in first six months of 2015 amount to 182 million 
Swiss francs ($189.50 million) and top prior-year number by 3.5 
percent 
    * H1 net profit comes in at 3.1 million francs (prior year: 
6.6 million francs) 
    * H1 operating profit (EBIT) amount to 7.0 million francs 
(prior year: 8.9 million francs) 
    * Order intake for Starrag Group amount to 141 million 
francs for first six months (down by 23 percent versus 
prior-year period) 
    * Full-Year sales revenue, likewise in local currency, are 
expected to be more or less in line with prior-year figure 
    * Operating margin is likely to be lower than in 2014 
    * Expects full-year order intake in local currency to be 
less than 2014 intake 
 
Source text: http://bit.ly/1DAqR7h 
Further company coverage:  STGN.S  
 
($1 = 0.9604 Swiss francs) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))