Edition:
United States

SFS Group AG (SFSN.S)

SFSN.S on Swiss Exchange

109.90CHF
5:15am EST
Change (% chg)

CHF-0.80 (-0.72%)
Prev Close
CHF110.70
Open
CHF111.60
Day's High
CHF111.60
Day's Low
CHF109.90
Volume
2,387
Avg. Vol
35,527
52-wk High
CHF123.50
52-wk Low
CHF89.10

Latest Key Developments (Source: Significant Developments)

SFS Group H1 net income up 20.8 pct at CHF 56.9 million
Friday, 21 Jul 2017 12:46am EDT 

July 21 (Reuters) - SFS GROUP AG :SALES GROWTH OF 13.0% TO CHF 778.6 MILLION IN THE FIRST HALF OF 2017.H1 NET INCOME IMPROVED BY 20.8% COMPARED WITH THE PREVIOUS-YEAR PERIOD AND AMOUNTED TO CHF 56.9 MILLION.EBITA MARGIN ROSE FROM 13.6% IN THE PRIOR-YEAR PERIOD TO 14.2% IN THE FIRST HALF OF 2017.EXPECTS THE POSITIVE TRENDS IN SALES AND PROFITS TO CONTINUE IN THE SECOND HALF OF 2017.EXPECTS SALES GROWTH FOR 2017 TO BE BETWEEN 8–10% AND EBITA MARGIN TO REACH UPPER HALF OF FORECAST RANGE OF 14.2–15.2%.  Full Article

SFS Group establishes manufacturing platform in China
Tuesday, 16 May 2017 12:56am EDT 

May 16 (Reuters) - SFS GROUP AG :ESTABLISHES MANUFACTURING PLATFORM IN CHINA.WILL INVEST USD 35 MILLION IN CHINA OVER NEXT TWO YEARS AS PART OF ITS EXPANSION PLAN AND IN ORDER TO CONSOLIDATE SOME OF SFS GROUP'S OPERATIONS IN CHINA.CONSTRUCTION OF THE NEW SITE WILL TAKE PLACE IN STAGES AND IS SCHEDULED FOR COMPLETION IN 2019.  Full Article

SFS Group FY net income up to CHF 122.2 mln
Friday, 10 Mar 2017 01:00am EST 

SFS Group : In 2016 it achieved solid organic growth of 5.9 percent in its core business and increased its profitability significantly to 14.4 percent (adjusted EBITA margin) . FY consolidated sales reached a record high of 1,437 million Swiss francs ($1.42 billion), increase of 4.4 percent from the previous year . FY net income including the proceeds of property disposals amounted to 122.2 million francs (previous year: 105.0 million francs) . Is proposing an increase in the pay-out to 1.75 franc per share (previous year: 1.50 francs per share) from capital contribution reserves .Assuming exchange rates remain fairly constant, SFS expects in 2017 sales to grow by 8–10 percent including consolidation effects and the adjusted EBITA margin to climb to 14.2–15.2 percent of net sales.  Full Article

SFS Group FY 2016 consolidated sales at CHF 1,437 mln
Friday, 27 Jan 2017 12:51am EST 

SFS Group AG : Driven by solid sales growth of 5.9% in its core businesses, SFS Group generated consolidated sales of 1,437 million Swiss francs ($1.44 billion)in its 2016 . FY adjusted operating profit margin (EBITA) improved to 14.4% from 12.5% in the previous year .Will propose Bettina Stadler for election to board of directors as a representative of Stadler/Tschan family shareholders at the AGM on April 26.  Full Article

SFS Group strengthens its operations in Switzerland
Friday, 20 Jan 2017 01:13am EST 

SFS Group AG : Is investing approximately 36 million Swiss francs ($35.83 million) through mid-2018 to increase capacity and productivity at major sites in Switzerland .Logistics infrastructure is being modernized and heat-treating capacity is being expanded.  Full Article

SFS Group completes acquisition of Tegra Medical
Thursday, 1 Dec 2016 12:41am EST 

SFS Group AG : Completes acquisition of Tegra Medical .Tegra Medical will be consolidated as per Dec. 1 and be integrated into Engineered Components segment as an independent division.  Full Article

SFS Group H1 gross sales up at CHF 688.8 million
Friday, 22 Jul 2016 12:59am EDT 

SFS Group AG : H1 gross sales 688.8 million Swiss francs ($699.86 million) versus 670.4 million francs year ago . H1 EBITDA 135.7 million francs versus 109.4 million francs year ago . H1 net income 47.1 million francs versus 31.8 million francs year ago . Expects a steady course of business for the second half of the year . Expect EBITA margin for the year as a whole to be at the upper end of the previously given range of 13-14 percent .Expects sales growth for the current year to be at the lower end of the previously guided range of 2–4 percent.  Full Article

SFS Group acquires Ncase Limited
Friday, 8 Jul 2016 01:32am EDT 

SFS Group AG : Is acquiring Ncase Limited .Both parties agreed not to disclose details of the purchase price.  Full Article

SFS Group AG proposes dividend, gives FY 2016 outlook in line with analysts' estimates
Thursday, 3 Mar 2016 07:00pm EST 

SFS Group AG:Unchanged dividend of 1.50 Swiss francs per share from capital contribution reserves​ ‍.Expects consolidated sales to increase by 2-4 pct in 2016 and adjusted operating profit margin (EBITA margin) to improve from 12.5 pct to 13-14 pct​.FY 2015 reported revenue 1,376.3 million Swiss francs.FY 2016 revenue estimate 1,441 million Swiss francs- Thomson Reuters I/B/E/S.  Full Article

BRIEF-SFS Group 2017 Sales Up 13.7% At CHF 1,632.7 Million

* 2017 SALES UP BY 13.7% TO CHF 1,632.7 MILLION AND ITS OPERATING PROFIT BY 12.5%