Reuters logo
BRIEF-Schaffner Holding FY 2015/16 net profit down at CHF 0.4 mln
December 6, 2016 / 5:41 AM / 10 months ago

BRIEF-Schaffner Holding FY 2015/16 net profit down at CHF 0.4 mln

Dec 6(Reuters) - Schaffner Holding AG :

* Sales of Schaffner Group decreased by 8% in FY 2015/16 to 185.6 million Swiss francs ($184.42 million), from 201.8 million Swiss francs in 2014/15, the prior fiscal year (PY).

* FY operating profit (EBIT) was 1.6 million Swiss francs (PY: 10.8 million Swiss francs), with an EBIT margin of 0.8% (PY: 5.4%)

* In FY group earned net profit of 0.4 million Swiss francs(PY: 7.7 million francs)

* AGM will propose to forgo payment of a dividend

* The developments in the Schaffner Group’s key markets, the geopolitical environment and the situation in currency markets remain demanding

* For the medium term, Schaffner reaffirms its organic growth target of more than 5% per year for sales and an EBIT margin of 8%

Source text for Eikon:

Further company coverage:

$1 = 1.0064 Swiss francs Gdynia Newsroom

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below