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Bachem Holding AG (BANB.S)

BANB.S on Swiss Exchange

136.60CHF
11:29am EST
Change (% chg)

CHF-0.60 (-0.44%)
Prev Close
CHF137.20
Open
CHF138.00
Day's High
CHF138.10
Day's Low
CHF136.10
Volume
14,445
Avg. Vol
10,357
52-wk High
CHF138.90
52-wk Low
CHF83.55

Latest Key Developments (Source: Significant Developments)

Bachem Holding H1 net profit down to CHF 15.8 mln
Friday, 25 Aug 2017 12:37am EDT 

Aug 25 (Reuters) - BACHEM HOLDING AG ::INCREASED ITS SALES IN THE FIRST HALF OF 2017 BY 5.3% TO A NEW RECORD HIGH OF 119.5 MILLION CHF (H1 2016: 113.4 MILLION CHF).H1 GENERICS SALES REACHED 52.0 MILLION CHF AND WERE SLIGHTLY BELOW THE VERY STRONG LEVEL ACHIEVED DURING THE PRIOR YEAR PERIOD (53.9 MILLION CHF).H1 OPERATING PROFIT INCREASED TO 31.7 MILLION CHF AT THE EBITDA LEVEL AND TO 21.4 MILLION CHF AT THE EBIT LEVEL.H1 NET PROFIT FOR THE PERIOD CAME IN AT 15.8 MILLION CHF (H1 2016: 17.1 MILLION CHF).EXPECTS FISCAL 2017 TO BE ANOTHER VERY GOOD YEAR FOR THE COMPANY; SALES GROWTH IN LOCAL CURRENCY IS LIKELY TO COME IN AT THE UPPER END OF THE LONG-TERM GUIDANCE RANGE OF 6% TO 10% PER YEAR.PROFITABILITY IN FY 2017 SHOULD SHOW ANOTHER YEAR-ON-YEAR IMPROVEMENT COMPARED TO THE PREVIOUS YEAR LEVEL.  Full Article

Bachem Holding renews supply contract with AstraZeneca
Tuesday, 7 Feb 2017 12:53am EST 

Bachem Holding AG : Renews supply contract with AstraZeneca for the peptide active substance Goserelin .Under the terms of the agreement, AstraZeneca will continue acquiring the peptide active substance Goserelin from Bachem for the next five years.  Full Article

Bachem Holding H1 net income up 35.5 pct to CHF 17.1 mln
Friday, 26 Aug 2016 12:11am EDT 

Bachem Holding AG : Increased its sales in the first half of 2016 by 13.9 percent to a new record high of 113.4 million Swiss francs ($117.35 million) (H1 2015: 99.6 million francs) . H1 EBITDA up 11.2 percent coming in at 29.8 million francs and EBIT up 18.1 percent at 20.8 million francs . H1 net income jumps 35.5 percent to 17.1 million francs .Full-Year guidance confirmed.  Full Article

Bachem Holding proposes dividend of 2.25 Swiss francs per share
Thursday, 10 Mar 2016 07:00pm EST 

Bachem Holding AG:Proposes dividend increase from 2.00 Swiss francs to 2.25 Swiss francs per share.  Full Article

BRIEF-Bachem Holding H1 net profit down to CHF 15.8 mln

* INCREASED ITS SALES IN THE FIRST HALF OF 2017 BY 5.3% TO A NEW RECORD HIGH OF 119.5 MILLION CHF (H1 2016: 113.4 MILLION CHF)