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News
| Schaffner Group records sound growth in core markets |
Strong demand for EMC and power quality components
In the first six months of fiscal 2007/2008 the Schaffner Group (SWX Swiss Exchange: SAHN) increased net sales of components for optimizing energy efficiency and enhancing the operating reliability of electrical and electronic systems by 8.9% year-on-year to CHF 86.2 million (first half 2006/2007: CHF 79.2 million). Adjusted for currency effects, the rise in sales amounted to 10.3%. Order intake rose by 8.6% from CHF 87.2 million to CHF 94.7 million year-on-year; the figure of CHF 92.6 million reported in the previous year included a one-off acquisition-related item of CHF 5.4 million in connection with the integration of Schaffner Jacke in November 2006. The Schaffner Group continues to enjoy a solid book-to-bill ratio of 1.10 (1.17). The Group further increased its profitability, with the operating result (EBIT) up by a clear 43.4% to CHF 4.8 million (CHF 3.4 million) and the EBIT margin rising to 5.6% (4.2%). Net profit rose from CHF 1.0 million to CHF 2.2 million, which represents earnings per share (EPS) of CHF 3.61 (CHF 1.62).
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Calendar of events
Schaffner Holding AG's fiscal year runs from October 1 to September 30.
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Contact for the media
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Alexander Hagemann
Chief Executive Officer
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Schaffner Holding AG
CH-4542 Luterbach
T +41 32 681 66 26
F +41 32 681 66 30 |
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