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Emmi AG (EMMN.S)

EMMN.S on Swiss Exchange

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Latest Key Developments (Source: Significant Developments)

Emmi: FY ‍Group Sales Up At CHF 3,364.3 Mln ​
Thursday, 8 Feb 2018 01:00am EST 

Feb 8 (Reuters) - EMMI AG ::‍GROUP SALES OF CHF 3,364.3 MILLION IN 2017, AN INCREASE OF 3.2 %​.‍CONFIRMS EARNINGS FORECAST ISSUED IN AUGUST FOR 2017​.  Full Article

Emmi Increases Stake In Centrale Laitiere De Mahdia
Wednesday, 10 Jan 2018 01:00am EST 

Jan 10 (Reuters) - EMMI AG ::INCREASES STAKE IN CENTRALE LAITIÈRE DE MAHDIA .INCREASING ITS STAKE IN CENTRALE LAITIÈRE DE MAHDIA SA FROM 45.4 % TO 54.7 %.TRANSACTIONS TO NOT AFFECT EMMI'S EBIT OR SALES, AS VITALAIT (CENTRALE LAITIÈRE DE MAHDIA) FULLY CONSOLIDATED.  Full Article

Emmi: Sale Minority Stake In Siggi's
Friday, 5 Jan 2018 01:00am EST 

Jan 5 (Reuters) - Emmi ::SALE MINORITY STAKE IN SIGGI'S .WILL PROFIT SIGNIFICANTLY FROM THIS TRANSACTION IN FINANCIAL YEAR 2018.PARTIES HAVE AGREED NOT TO DISCLOSE TERMS OF DEAL.EXPECTS POSITIVE EFFECT OF TRANSACTION ON ITS NET PROFIT OF FY2018 IN RANGE OF A MID TWO-DIGIT MILLION CHF AMOUNT.  Full Article

Emmi increases its stake in Mexican company Mexideli
Wednesday, 25 Oct 2017 01:00am EDT 

Oct 25 (Reuters) - EMMI - ::EMMI INCREASES ITS STAKE IN MEXICAN COMPANY MEXIDELI .‍IS INCREASING ITS STAKE IN MEXIDELI 2000 HOLDING SA DE CV FROM 50 % TO 51 %​.‍PARTIES HAVE AGREED NOT TO DISCLOSE PURCHASE PRICE OR ANY OTHER DETAILS OF CONTRACT​.  Full Article

Emmi H1 net profit up 8.6 pct at CHF 66.0 million
Wednesday, 23 Aug 2017 01:02am EDT 

Aug 23 (Reuters) - EMMI AG ::H1 ‍SALES OF CHF 1,600.2 MILLION, WHICH WAS 0.4 % HIGHER THAN PREVIOUS YEAR'S FIGURE OF CHF 1,594.1 MILLION​.H1 ‍EBIT FELL BY 2.2 % (FROM CHF 92.5 MILLION TO CHF 90.4 MILLION), NET PROFIT ROSE BY 8.6 % TO CHF 66.0 MILLION (PREVIOUS YEAR: CHF 60.8 MILLION)​.‍EARNINGS EXPECTATIONS REMAIN SAME AS ANNOUNCED IN MARCH 2017​.‍PARTIALLY REVISING ITS SALES TARGETS ANNOUNCED IN MARCH 2017​.‍2017 ORGANIC SALES GROWTH TARGET AT GROUP LEVEL IS NOW -1 % TO 0 % (INSTEAD OF 1 % TO 2 % GROWTH)​.  Full Article

Emmi ‍sells stake in Venchiaredo S.P.A.​
Monday, 31 Jul 2017 01:01am EDT 

July 31 (Reuters) - EMMI AG ::‍SALE OF STAKE IN VENCHIAREDO S.P.A.​.‍TRANSACTION HAS NO SIGNIFICANT IMPACT ON EBIT OR NET PROFIT​.  Full Article

Emmi acquires stake in Brazil’s Laticínios Porto Alegre
Friday, 28 Apr 2017 01:00am EDT 

April 28 (Reuters) - Emmi AG ::Acquires stake in Brazil’S Laticínios Porto Alegre.Parties have agreed not to disclose price of stake.The 40 pct stake in Laticínios Porto Alegre Indústria E Comércio S/A strengthens Emmi's position in South America and creates a second strong local foothold alongside Chile.  Full Article

Emmi FY EBIT up by 7.3 pct to CHF 202.7 million
Wednesday, 22 Mar 2017 02:14am EDT 

Emmi AG : Generated net sales of 3,259 million Swiss Francs in 2016 (2015: 3,214 million Francs), which corresponds to an increase of 1.4 % . FY EBIT increased by 7.3 % from 188.9 million Francs to 202.7 million Francs, with an EBIT margin of 6.2 % (2015: 5.9 % . FY net profit was 140.3 million Francs compared with 120.2 million Francs in previous year, resulting in a net profit margin of 4.3 % (2015: 3.7 %) . Emmi expects that conditions in dairy industry will continue to be challenging and that competition will remain intense . Factors set out above are likely to increase organic group sales by between 1 % and 2 % in 2017 . Overall, international business will have a beneficial effect on sales development, mainly because of acquisitions already made and good momentum built up in business division Americas . Expects 2017 earnings can be maintained at same level as in 2016 .Due to its low weighting, Emmi does not provide forecasts for business division global trade.  Full Article

Emmi posts group sales of 3.26 billion Swiss francs for 2016
Thursday, 2 Feb 2017 01:00am EST 

Emmi AG : Generated group sales of 3,258.8 million Swiss francs ($3.29 billion) in 2016, an increase of 1.4 pct compared with previous year . In organic terms, i.e. adjusted for currency and acquisition effects, sales declined by 1.0 pct .Emmi therefore maintains earnings forecast announced for 2016.  Full Article

Emmi buys 80 pct stake in Spanish Lácteos Caprinos
Thursday, 22 Dec 2016 01:00am EST 

Emmi AG : Emmi is acquiring an 80 percent stake in Spanish Lácteos Caprinos from its two owners, Pedro Mantilla and Francisco Sainz; residual 20 percent will remain with the current owners . Transaction is scheduled to close in January 2017 .Parties have agreed not to disclose purchase price.  Full Article

BRIEF-Emmi ‍Fy Net Profit Up At CHF 161.6 MILLION​

* ‍FY NET SALES OF CHF 3,364.3 MILLION (2016: CHF 3,258.8 MILLION)​