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Schaffner Holding AG comments on FY 2013/14 outlook


Tuesday, 13 May 2014 12:00am EDT 

Schaffner Holding AG:Says, including Trenco, consolidated as of March 31, the Schaffner Group expects net sales in FY 2013/14 to exceed the prior-year figure by 10 to 15 pct.Says the Schaffner Group is aiming to achieve an EBIT margin of around 7 pct for FY 2013/14, with the one-time costs for the integration of Trenco in the first half of 2013/14 (impact of -0.3 percentage points) already taken into account.FY 2013/14 revenues at 218.08 mln Swiss francs (2012/13: 194.89 mln Swiss francs)-Thomson Reuters I/B/E/S.