Edition:
United States

Starrag Group Holding AG (STGN.S)

STGN.S on Swiss Exchange

70.70CHF
11:11am EDT
Change (% chg)

CHF-1.20 (-1.67%)
Prev Close
CHF71.90
Open
CHF70.60
Day's High
CHF70.70
Day's Low
CHF70.50
Volume
2,451
Avg. Vol
2,754
52-wk High
CHF73.20
52-wk Low
CHF42.35

Latest Key Developments (Source: Significant Developments)

Starrag Group FY net profit down 52 pct at CHF 4.6 million
Friday, 10 Mar 2017 01:08am EST 

Starrag Group Holding AG : FY order intake up 44 pct at 480 million Swiss francs ($474.4 million) . Sales plus 2 pct at 372 million francs . FY net profit -52 pct at 4.6 million francs or 1.2 pct margin . Dividend payout of 1.00 franc per share, payout ratio 75 pct . Does not expect to match the record order intake level from 2016 in 2017, operating margin should be significantly higher in 2017 compared to 2016 .2017 sales revenue (in local currencies) should be well above the prior-year level, based on the latest trends in new orders.  Full Article

Starrag FY order intake up 44 pct at 480 mln Swiss francs
Thursday, 26 Jan 2017 01:00am EST 

Starrag Group Holding : FY order intake plus 44 pct to 480 million Swiss francs ($480.48 million), plus 43 pct in local currency . FY order backlog of 348 million Swiss francs secures capacity utilization for well over a year . FY sales plus 2 pct to 372 million Swiss francs, plus 1 pct in local currency .Expected EBIT margin 2016 on the order of the first six month and thus significantly below previous year.  Full Article

Starrag Group H1 order intake up at CHF 231 mln
Wednesday, 27 Jul 2016 12:43am EDT 

Starrag Group Holding AG : H1 order intake plus 64 pct to 231 million Swiss francs ($233.12 million) . Order backlog for new machines amounted to 284 million Swiss francs at the end of June 2016. Compared to the end of 2015, this corresponds to an increase of 20 pct . Sales in the first six months of 2016 amounted to 183 million Swiss francs, 0.8% above the prior year figure (182 million francs) . H1 operating profit (EBIT) came in at 3.4 million francs(prior year: 7.0 million francs) . H1 net profit of 2.0 million francs was less than in the previous year (3.1 million francs) and orresponded to 1.1 percent of top-line sales . Expects full-year order intake in local currency to significantly exceed the figure reported for the 2015 fiscal year . 2016 sales in local currency are expected to be slightly higher than in the previous year .  Full Article

Starrag Group Holding AG reaffirms FY 2015 guidance
Monday, 2 Nov 2015 07:00pm EST 

Starrag Group Holding AG:Still sees FY 2015 sales in local currency almost unchanged compared to the previous year.  Full Article

Starrag Group Holding AG comments on FY 2015 outlook
Thursday, 23 Jul 2015 08:00pm EDT 

Starrag Group Holding AG:FY 2015 sales revenues, likewise in local currency, are expected to be more or less in line with prior-year figure.  Full Article

More From Around the Web

BRIEF-Starrag Group FY net profit down 52 pct at CHF 4.6 million

* FY order intake up 44 pct at 480 million Swiss francs ($474.4 million)