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Emmi AG (EMMN.S)

EMMN.S on Swiss Exchange

876.50CHF
23 Oct 2020
Change (% chg)

CHF2.00 (+0.23%)
Prev Close
CHF874.50
Open
CHF866.00
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CHF880.00
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CHF866.00
Volume
3,398
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4,272
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CHF958.00
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CHF725.00

Latest Key Developments (Source: Significant Developments)

Emmi AG - Acquires 87.7% Shares Of Company In USA
Friday, 18 Sep 2020 

Sept 18 (Reuters) - EMMI AG ::STRENGTHENS DESSERT BUSINESS WITH ACQUISITION IN USA.CLOSING OF THIS TRANSACTION IS CONTINGENT UPON EXPIRATION OR TERMINATION OF WAITING PERIOD UNDER HART-SCOTT-RODINO ANTITRUST IMPROVEMENT ACT.ACQUISITION OF 87.7 % IN US COMPANY INDULGE DESSERTS INTERMEDIATE HOLDINGS, LLC (INDULGE DESSERTS) EXTENDS EMMI'S PRESENCE TO COUNTRY WITH WORLD'S LARGEST DESSERTS MARKET.PARTIES HAVE AGREED NOT TO DISCLOSE PURCHASE PRICE.  Full Article

Emmi Increases Stake In Bettinehoeve
Thursday, 27 Aug 2020 

Aug 27 (Reuters) - EMMI AG ::INCREASES STAKE IN BETTINEHOEVE.IS INCREASING ITS STAKE IN DUTCH GOAT’S MILK PROCESSOR BETTINEHOEVE TO 90 % AND STRENGTHENING ITS COMMITMENT TO THIS GROWTH SEGMENT.THE PARTIES HAVE AGREED NOT TO DISCLOSE THE PURCHASE PRICE..  Full Article

Emmi H1 Sales Up 6.6% To CHF 1.77 Billion
Wednesday, 26 Aug 2020 

Aug 26 (Reuters) - Emmi AG ::H1 INCREASED SALES BY 6.6 % TO CHF 1,773.5 MILLION.H1 GROSS PROFIT MARGIN DOWN FROM 36.4 % TO 36.1 % DUE TO CORONAVIRUS.H1 SHARE OF MILK PROCESSED IN SWITZERLAND AND PRODUCED ACCORDING TO SWISSMILK GREEN SUSTAINABILITY STANDARD AT 87 %.EMMI IS PREPARING FOR A CONTINUED VOLATILE AND HIGHLY COMPETITIVE ENVIRONMENT IN SECOND HALF OF 2020, BUT REMAINS CAUTIOUSLY OPTIMISTIC ABOUT RESULT FOR FULL-YEAR.  Full Article

Emmi FY Net Profit Down At EUR 166 Million
Monday, 2 Mar 2020 

March 2 (Reuters) - EMMI AG ::INCREASED ITS SALES BY 1.1 % TO CHF 3,494 MILLION IN 2019.FY EARNINGS BEFORE INTEREST AND TAXES (EBIT) IMPROVED BY 0.5 % TO CHF 218 MILLION.FY NET PROFIT AT CHF 166 MILLION, 5.3 % BELOW ADJUSTED FIGURE FOR PREVIOUS YEAR.DIVIDEND OF CHF 12.00.IN BUSINESS DIVISION AMERICAS, DEMAND IN US AND MEXICO IS ALSO EXPECTED TO GROW IN 2020.BRAZIL WILL SIGNIFICANTLY INCREASE SALES IN BUSINESS DIVISION AMERICAS IN 2020 BUT WILL ONLY MAKE A MINOR CONTRIBUTION TO ORGANIC GROWTH.SPAIN AND FRANCE - WILL ALSO IMPEDE SALES PERFORMANCE.CONFIRMS ITS MID-TERM SALES GROWTH FORECASTS AND FORECAST FOR NET PROFIT MARGIN.EXPECTS EARNINGS BEFORE INTEREST AND TAXES (EBIT) TO RISE SLIGHTLY OVERALL AT GROUP LEVEL IN 2020.NET PROFIT MARGIN, ON OTHER HAND, IS LIKELY TO FALL SLIGHTLY IN 2020.ORGANIC SALES GROWTH IN LINE WITH MEDIUM-TERM FORECASTS SHOULD THEREFORE BE REALISTIC FOR 2020 AS WELL.  Full Article

Emmi FY Net Sales Of CHF 3.45 Billion
Wednesday, 29 Jan 2020 

Jan 29 (Reuters) - Emmi AG ::GENERATED NET SALES OF CHF 3,494.0 MILLION IN 2019..MAINTAINS EARNINGS TARGETS COMMUNICATED IN FEBRUARY 2019 (EBIT OF CHF 215 MILLION TO CHF 220 MILLION AND NET PROFIT MARGIN OF 4.7 % TO 5.2 %).  Full Article

Emmi Signs Agreement To Merge Surlat And Quillayes
Friday, 30 Aug 2019 

Aug 30 (Reuters) - EMMI AG ::STRENGTHENS ITS LATIN AMERICAN BUSINESS: SURLAT AND QUILLAYES TO MERGE.EMMI, WHICH HOLDS 73.5 % OF SHARES IN KAIKU, WILL HAVE A 37.8 % STAKE IN QUILLAYES SURLAT.AGREEMENTS HAVE NOW BEEN SIGNED AS OF 29 AUGUST 2019 TO MERGE SURLAT AND QUILLAYES TO FORM NEW COMPANY QUILLAYES SURLAT..KAIKU WILL HOLD A MAJORITY STAKE OF 51.5 % IN QUILLAYES SURLAT.  Full Article

Factors to watch on July 2525 Jul - 07:07:46 AM [RTRS] (MIKN.S) - BRIEF-Mikron Holding H1 EBIT Up At CHF 7.5 Mln
Thursday, 25 Jul 2019 

ZURICH/BERLIN, July 25 (Reuters) - The Swiss blue-chip SMI <.SSMI> was seen opening 0.6 percent higher at 9,966 points on Thursday, according to premarket indications by bank Julius Baer JBPRE01.:* Leonteq said H1 profit fell to 30.2 million francs LEON.S.* Inficton reported Q2 operating income of $15.8 million IFCN.S.* Emmi said it bought Pasticceria Quadrifoglio in Italy EMMN.S.* Graubuendner Kantonalbank said H1 net profit rose to 100.5 mln Sfr GRKP.S.* Mikron said H1 EBIT rose to 7.5 mln Sfr MIKN.S.* Autoneum said H1 revenue stagnated at 1.2 billion Sfr AUTON.S.  Full Article

Emmi Acquires Pasticceria Quadrifoglio In Italy
Thursday, 25 Jul 2019 

July 25 (Reuters) - EMMI AG ::EMMI STRENGTHENS ITS DESSERT NETWORK IN ITALY.EMMI ACQUIRES ITALIAN COMPANY PASTICCERIA QUADRIFOGLIO SRL.PARTIES HAVE AGREED NOT TO DISCLOSE PURCHASE PRICE..  Full Article

Emmi Acquires Blue Cheese Plant From Great Lakes Cheese Company
Friday, 4 Jan 2019 

Jan 4 (Reuters) - Emmi AG ::EMMI ACQUIRES BLUE CHEESE PLANT FROM GREAT LAKES CHEESE COMPANY.PARTIES HAVE AGREED NOT TO DISCLOSE DETAILS OF TRANSACTION..  Full Article

Emmi Says Ricarda Demarmels to be Emmi's new CFO
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - Emmi AG ::EMMI - AS ANNOUNCED IN MAY, JÖRG RIBONI WILL RELINQUISH HIS ROLE AS CFO OF EMMI GROUP WITH EFFECT FROM 2019 GENERAL MEETING.RICARDA DEMARMELS TO SUCCEED JÖRG RIBONI AS CHIEF FINANCIAL OFFICER OF EMMI GROUP.  Full Article