Edition:
United States

Hochdorf Holding AG (HOCN.S)

HOCN.S on Swiss Exchange

277.00CHF
20 Jun 2018
Change (% chg)

-- (--)
Prev Close
CHF277.00
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
1,304
52-wk High
CHF323.00
52-wk Low
CHF247.80

Latest Key Developments (Source: Significant Developments)

HOCHDORF Holding successfully places CHF 125 mln bond
Tuesday, 21 Nov 2017 11:40am EST 

Nov 21 (Reuters) - HOCHDORF HOLDING AG ::EQS-ADHOC: HOCHDORF HOLDING LTD: HOCHDORF SUCCESSFULLY PLACES PUBLIC HYBRID BOND.‍SUCCESSFULLY PLACED A SUBORDINATED PUBLIC HYBRID BOND IN AMOUNT OF CHF 125 MILLION​.  Full Article

Hochdorf Holding acquires Zifru and Snapz
Wednesday, 1 Nov 2017 02:06am EDT 

Nov 1 (Reuters) - HOCHDORF HOLDING AG ::EQS-ADHOC: HOCHDORF GROUP PRESS RELEASE: TAKEOVER OF ZIFRU AND SNAPZ.‍ACQUISITION WILL BE COMPLETED BY END OF OCTOBER 2017​.‍PARTIES AGREED NOT TO DISCLOSE PURCHASE PRICE​.  Full Article

Hochdorf Holding H1 EBIT up 20.4 pct at CHF 15.8 million
Thursday, 17 Aug 2017 01:00am EDT 

Aug 17 (Reuters) - HOCHDORF HOLDING AG :H1 GROSS SALES REVENUE OF CHF 312.1 MILLION (PREVIOUS YEAR: CHF 278.4 MILLION; +12.1%).H1 GROUP-WIDE EBITDA ROSE BY 17.6% TO CHF 21.7 MILLION (PREVIOUS YEAR: CHF 18.4 MILLION).H1 EBIT INCREASING BY 20.4% TO CHF 15.8 MILLION (PREVIOUS YEAR: CHF 13.1 MILLION).COMPANY IS LOWERING ITS PROJECTED ANNUAL GROSS SALES REVENUE FROM BETWEEN CHF 635 AND 670 MILLION TO CHF 610 AND 650 MILLION.  Full Article

Hochdorf Holding says unit Uckermaerker Milch to reposition itself on market
Tuesday, 4 Jul 2017 01:00am EDT 

July 4 (Reuters) - HOCHDORF HOLDING AG ::UCKERMAERKER MILCH TO REPOSITION ITSELF ON MARKET.UCKERMAERKER MILCH GMBH, WHICH IS PART OF HOCHDORF GROUP, PLANS TO STOP CURD PRODUCTION AT END OF OCTOBER.  Full Article

Hochdorf Holding says Daniel Suter takes on role of chairman
Monday, 8 May 2017 01:00am EDT 

May 8 (Reuters) - HOCHDORF HOLDING AG ::DANIEL SUTER TAKES ON ROLE OF CHAIRMAN.  Full Article

Hochdorf Holding: successful placement of mandatory convertible securities
Tuesday, 28 Mar 2017 12:00pm EDT 

Hochdorf Holding AG : Successful placement of mandatory convertible securities . Successfully completed placement of mandatory convertible securities in aggregate amount of 218,490,000 Swiss francs ($221.79 million)with Neue Helvetische Bank AG acting as Lead Manager . A tranche of 131,005,000 Swiss francs of mandatory convertible securities were reserved for partial financing of 51% stake in Pharmalys Group . Furthermore, existing shareholders subscribed to 44.8% of remaining mandatory convertible securities in amount of 87,485,000 francs by exercising their advanced subscription rights .Mandatory convertible securities that were not subscribed for by existing shareholders were purchased by ZMP Invest AG and by Innovent Holding AG.  Full Article

Hochdorf Holding FY net profit up to CHF 19.406 mln
Monday, 13 Mar 2017 02:00am EDT 

Hochdorf Holding AG : FY EBIT 22.464 million Swiss francs ($22.29 million) versus 20.146 million francs year ago . FY net profit 19.406 million francs versus 13.024 million francs year ago . Expects gross sales revenue in the range of 635 million - 670 million francs and EBIT of 6.1 to 6.6 percent of production revenue .Dividend payment from capital investment reserves of 3.80 francs per share (previous year: 3.70 francs); with the slight dividend increase, a dividend return of 1.23 percent is achieved as at the closing date.  Full Article

Hochdorf Holding FY gross sales revenues stable at CHF 550.9 mln
Thursday, 26 Jan 2017 01:00am EST 

Hochdorf Holding AG : In FY achieved gross sales revenues of 550.9 million Swiss francs ($551.56 million), maintaining sales at the same level as the previous year (551.2 million Swiss francs) despite difficult market and milk price conditions .Expects a group-wide EBIT in line with percentage range of between 4.0 and 4.2 pct intimated in the half-yearly report.  Full Article

Hochdorf Holding: closing of majority shareholding for Pharmalys
Tuesday, 20 Dec 2016 01:00am EST 

Hochdorf Holding AG : Closing for majority holding in pharmalys laboratories sa and in jointly-founded Pharmalys Africa Sarl has been completed .Hochdorf currently has a 49% holding in Pharmalys Tunisia SA, integration into hochdorf group can be completed by end of 2016.  Full Article

(OFFICIAL)-BRIEF-Hochdorf Holding H1 EBIT up 23 pct at CHF 13.1 mln
Wednesday, 17 Aug 2016 04:00am EDT 

Corrects the last bullet point to say that expected FY EBIT percentage is 4.0-4.2 pct and not 3.5-4.0 pct. Company corrected its own statement..4.2 pct and not 3.5-4.0 pct. Company corrected its own statement.) Aug 17 (Reuters) - Hochdorf Holding AG : Due in part to efficiency-boosting measures, H1 EBIT rose sharply to 13.1 million Swiss francs (+22.7 pct). . H1 net profit amounted to a gratifying 11.0 million Swiss francs (previous year: 4.1 million Swiss francs) . Implementation of the communicated strategy 2016-2020 is underway . Presuming that a purchase agreement is signed on schedule, the board of directors will convene an extraordinary general meeting in the fourth quarter of 2016 . “We are optimistic as to the second half of the year. '' - CEO . H1 gross sales revenue of 278.4 million Swiss francs (previous year: 284.3 million Swiss francs; -2.1 pct). . Turnover and revenue targets for the 2016 business year as a whole have been adjusted. . In H1 group significantly boosted both EBITDA (18.4 million Swiss francs) and EBIT (13.1 million Swiss francs) . A letter of intent was signed in early July concerning the potential majority participation by the Hochdorf Group in Pharmalys Laboratories SA . An increase in the restriction to voting rights from the current 5 pct to 15 pct might also become necessary . “Because of the persistently low price of milk with influence on the dairy ingredients products, we slightly lowered the forecasted annual turnover to 540 to 580 million Swiss francs''- CEO.  Full Article

BRIEF-Hochdorf Holding Takes Over Bimbosan AG

* TAKEOVER WILL TAKE PLACE RETROACTIVELY TO 30 APRIL 2018 Source text for Eikon: Further company coverage: (Gdynia Newsroom)