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Archive

23.08.2010
Schaffner Group increases expectations for the 2009/10 fiscal year

Sustained high order volume – sales and earnings above guidance expected

12.05.2010
Photovoltaics and Asian markets drive Schaffner’s first-half 2009/10 results

Net sales CHF 84.6 million; EBIT CHF 5.6 million; net profit CHF 3.8 million

05.05.2010
Schaffner Group first-half results 2009/10

Net sales CHF 84.6 million; EBIT CHF 5.6 million; net profit CHF 3.8 million

26.04.2010
Schaffner Group receives additional major order for high-speed trains in China

Delivery of magnetic components in the high single-digit millions

The Schaffner Group confirms that it has received a major order to ship a second tranche of transformers and reactors for the construction of high-speed trains for the Chinese National Railway. This order, with a value in the in the high single-digit millions, is to be completed by mid-2011.

28.01.2010
Schaffner Holding AG: Redemption of convertible bond completed

2.25% convertible bonds 2004-2010 – nominal value CHF 49.4 million

13.01.2010
14th Annual General Meeting of Schaffner Holding AG

Board of Directors’ proposals approved – Encouraging business performance in first quarter of fiscal 2009/2010

08.12.2009
Schaffner Group in fiscal 2008/2009

Costs substantially reduced – Free cash flow significantly increased – Operating profit before restructuring costs positive in second half

22.09.2009
Schaffner to focus on global management, development and marketing in Switzerland

Production activities to be halted in Switzerland


17.09.2009
Schaffner Group confirms major order for high-speed trains in China

Delivery of magnetic components in the high single-digit millions

13.05.2009
Schaffner Group reports drop in sales and order intake for the first half of fiscal 2008/2009

Result impacted by high exceptional costs – Systematic adjustment of cost structure to the market situation – Significant increase in free cash flow – Follow-up financing of convertible bond negotiated with banks

23.04.2009
Schaffner Group posts drop in sales and order intake during first half of fiscal 2008/2009

 

02.03.2009
Schaffner Group adjusts structure in response to volatile markets

Fewer full-time positions in Asian production centers – short-time working program for several departments in Switzerland

05.02.2009
Change in Schaffner Group management
Alexander Hagemann takes charge of Global Marketing

The Schaffner Group (SIX: SAHN) is streamlining management in Global Marketing which, in future, will be led directly by Chief Executive Officer Alexander Hagemann. The change will take effect with the departure of the incumbent Vice President Global Marketing, Christian Stampfer, in the second quarter of 2009.

14.01.2009
Annual General Meeting of Schaffner Holding AG approves the proposals of the Board of Directors

Par value repayment of CHF 3.50 per share – Herbert Baechler elected as member of the Board of Directors – lack of market visibility

05.01.2009
Schaffner Group expands its expertise in the field of power quality

Acquisition of the operation of Betec-Engineering, specialists in the development and distribution of Bluewave™ active harmonic filters