Edition:
United States

Bachem Holding AG (BANB.S)

BANB.S on Swiss Exchange

127.60CHF
21 Sep 2018
Change (% chg)

CHF0.60 (+0.47%)
Prev Close
CHF127.00
Open
CHF127.80
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CHF128.00
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CHF126.60
Volume
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9,380
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CHF163.00
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CHF115.10

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

BRIEF-Bachem Holding H1 Net Income Up At 16.5 Million CHF

* 7.2% DECREASE IN NET SALES TO 110.9 MILLION CHF FOR FIRST HALF OF 2018 (H1 2017: 119.5 MILLION CHF)