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Siegfried Holding AG (SFZN.S)

SFZN.S on Swiss Exchange

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Latest Key Developments (Source: Significant Developments)

Siegfried Holding announces CFO change
Tuesday, 21 Mar 2017 01:00am EDT 

Siegfried Holding AG : Chief Financial Officer (CFO) Michael Hüsler will be leaving the company at the end of April 2017 to take up a new professional challenge . Board of Directors has appointed Dr. Reto Suter, formerly CFO and Chief Investment Officer at Lonrho, as his successor .Reto Suter will take over the reins on May 1, 2017.  Full Article

Siegfried Holding FY 2016 sales up 49 pct to CHF 717.7 mln
Tuesday, 14 Mar 2017 01:40am EDT 

Siegfried Holding AG : FY 2016 sales of 717.7 million Swiss francs ($712.78 million), a new record in company's corporate history (+49.3%) . FY EBITDA before integration costs grew significantly by 30.1% to 104.2 million francs, corresponding to a margin of 14.5% . FY EBITDA including inte-gration costs amounting to 7.5 million francs reached 96.7 million francs . FY Net profit of 27.9 million francs is lower than in 2015 (39.1 million francs) owing to integration costs and significantly higher tax and financial ex-penses . Will propose a dividend increase (distribution from reserves of capital contributions) from 1.80 francs to 2.00 francs . Siegfried expects to achieve a robust result for the current year .Anticipates high single-digit sales growth for 2017 subject to developments in various foreign currencies.  Full Article

Siegfried Holding places subordinated public hybrid bond of CHF 145 mln
Tuesday, 27 Sep 2016 02:49am EDT 

Siegfried Holding Ltd : Successfully placed a subordinated public hybrid bond in the amount of 145 million Swiss francs ($149.52 million) at a yearly coupon of 2.125 pct .Proceeds are used for capital structure management purposes and repayment of existing bank loans.  Full Article

Siegfried Holding H1 sales up at 353.6 mln Swiss francs
Thursday, 18 Aug 2016 12:30am EDT 

Siegfried Holding AG : Sales for the first half year 2016 of 353.6 million Swiss francs ($368.10 million), representing a growth of 76.2 pct . Net profit for the first six months of 14.0 million Swiss francs (16.7 million Swiss francs before special effects; 2015: 16.0 million Swiss francs) . Expects sales for the entire financial year in a positive market to reach more than 700 million Swiss francs .Expects to report EBITDA of 100 million Swiss francs before integration costs for the full 2016 financial year, particularly as the acquired BASF business in the past years reported an earnings surplus in the second half of the year.  Full Article

Siegfried Holding proposes dividend, gives FY 2016 sales forecast in line with analysts' estimates
Tuesday, 22 Mar 2016 01:30am EDT 

Siegfried Holding AG:Will propose to the Annual Meeting a dividend increase (distribution from reserves of capital contributions) from 1.50 Swiss francs to 1.80 Swiss francs.Expects sales in 2016 to grow by over 40 pct compared to 2015.Company anticipates EBITDA in range of 100 million Swiss francs (before cost of integration) and net profit to develop positively in 2016.FY 2015 reported sales 480.6 million Swiss francs.FY 2016 sales estimate 729.67 million Swiss francs - Thomson Reuters I/B/E/S.  Full Article

Siegfried Holding and BASF conclude acquisition agreement
Wednesday, 30 Sep 2015 08:00pm EDT 

Siegfried Holding AG:Siegfried and BASF conclude implementation of agreements on Sept. 30.Siegfried acquired BASF's pharmaceutical supply business and three sites.Debt-Free price of acquisition amounts to about 270 million euros.  Full Article

Siegfried Holding issues hybrid convertible bond with RAG-Stiftung
Tuesday, 29 Sep 2015 08:00pm EDT 

Siegfried Holding AG:Issues hybrid convertible bond with RAG-Stiftung Beteiligungsgesellschaft mbH.Hybrid bond in the amount of 60 million Swiss francs to finance Siegfried’s acquisition of significant elements of BASF’s pharmaceutical supply business.  Full Article

Siegfried Holding AG: all closing conditions for acquisition of three BASF sites satisfied
Sunday, 20 Sep 2015 08:00pm EDT 

Siegfried Holding AG:All closing conditions on path toward Siegfried's acquisition of BASF's pharmaceutical supply business have been fulfilled.Assumes that agreements between Siegfried and BASF and connected transfer of chemical-pharmaceutical production sites in France, Germany and Switzerland will be enforced as planned on Sept. 30.  Full Article

Siegfried Holding AG issues H2 2015 outlook and issues FY 2015 dividend forecast
Wednesday, 19 Aug 2015 12:34am EDT 

Siegfried Holding AG:Envisages dividend pay-out for FY 2015 to be higher than that of previous year.In H2 2015 expects comparable sales in local currencies as in H1 and continued stable performance.  Full Article

Siegfried Holding AG says German Kartellamt greenlights acquisition of three BASF sites
Sunday, 12 Jul 2015 08:00pm EDT 

Siegfried Holding AG:Says German Kartellamt greenlights acquisition of three BASF sites.German antitrust authorities (Bundeskartellamt) have now disclosed that it has no reservations concerning acquisition of three BASF sites by Siegfried Group.Expects agreement to be finalized at beginning of Q4.  Full Article

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BRIEF-Siegfried Holding announces CFO change

* Chief Financial Officer (CFO) Michael Hüsler will be leaving the company at the end of April 2017 to take up a new professional challenge