Edition:
United States

Siegfried Holding AG (SFZN.S)

SFZN.S on Swiss Exchange

374.00CHF
18 May 2018
Change (% chg)

CHF-3.50 (-0.93%)
Prev Close
CHF377.50
Open
CHF377.00
Day's High
CHF378.00
Day's Low
CHF373.00
Volume
12,126
Avg. Vol
14,247
52-wk High
CHF380.00
52-wk Low
CHF266.25

Latest Key Developments (Source: Significant Developments)

Siegfried Holding FY EBITDA Up 17.8% At CHF 114.0 Mln
Wednesday, 14 Mar 2018 01:46am EDT 

March 14 (Reuters) - Siegfried Holding AG ::REPORTED SALES OF 750.5 MILLION FRANCS FOR THE 2017 FINANCIAL YEAR, CORRESPONDING TO A GROWTH OF 4.6% .FY EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTIZATION (EBITDA) AMOUNTED TO 114.0 MILLION FRANCS, A GROWTH OF 17.8% .FY NET PROFIT OF 39.7 MILLION FRANCS IS REPORTED CLEARLY ABOVE THAT OF THE PREVIOUS YEAR (27.9 MILLION FRANCS), A GROWTH OF 42.4% .PROPOSES A HIGHER DIVIDEND (DISTRIBUTION TO SHAREHOLDERS) OF 2.40 FRANCS PER REGISTERED SHARE CHARGED TO CAPITAL RESERVES (PREVIOUS YEAR: 2.00 FRANCS).FURTHER GROWTH IN THE CURRENT FINANCIAL YEAR, MID-TERM GUIDANCE CONFIRMED.ANTICIPATES SALES TO CONTINUE GROWING. AT CONSTANT EXCHANGE RATES, SALES ARE EXPECTED TO GROW AT A MID-SINGLE-DIGIT PERCENTAGE RATE IN THE CURRENT FINANCIAL YEAR.OPERATING MARGIN (EBITDA) IS ALSO EXPECTED TO CONTINUE TO IMPROVE SIGNIFICANTLY.CONFIRMS ITS EXPECTATIONS: SALES OF CHF 900 MILLION AND EBITDA MARGIN OF ABOUT 20% IN THE MEDIUM TERM.AIMS TO FURTHER INCREASE THE DIVIDEND PAYOUT.  Full Article

Siegfried Holding H1 net profit up 55.1 pct at CHF 21.6 million
Wednesday, 23 Aug 2017 12:33am EDT 

Aug 23 (Reuters) - SIEGFRIED HOLDING AG ::H1 NET SALES OF 349.1 MILLION SWISS FRANCS COMPARED TO 353.6 MILLION FRANCS IN THE CORRESPONDING PERIOD OF THE PREVIOUS YEAR .H1 EBITDA GREW BY 20.9% TO 52.9 MILLION FRANCS (2016: 43.7 MILLION FRANCS).H1 NET PROFIT ROSE BY 55.1% TO 21.6 MILLION FRANCS (2016: 14.0 MILLION FRANCS).FOR THE ENTIRE 2017 FINANCIAL YEAR, EXPECTS SALES COMPARED TO THE PREVIOUS YEAR TO GROW IN THE SINGLE-DIGIT AND EBITDA IN THE DOUBLE-DIGIT PERCENTAGE RANGE.  Full Article

Siegfried Holding announces CFO change
Tuesday, 21 Mar 2017 01:00am EDT 

Siegfried Holding AG : Chief Financial Officer (CFO) Michael Hüsler will be leaving the company at the end of April 2017 to take up a new professional challenge . Board of Directors has appointed Dr. Reto Suter, formerly CFO and Chief Investment Officer at Lonrho, as his successor .Reto Suter will take over the reins on May 1, 2017.  Full Article

Siegfried Holding FY 2016 sales up 49 pct to CHF 717.7 mln
Tuesday, 14 Mar 2017 01:40am EDT 

Siegfried Holding AG : FY 2016 sales of 717.7 million Swiss francs ($712.78 million), a new record in company's corporate history (+49.3%) . FY EBITDA before integration costs grew significantly by 30.1% to 104.2 million francs, corresponding to a margin of 14.5% . FY EBITDA including inte-gration costs amounting to 7.5 million francs reached 96.7 million francs . FY Net profit of 27.9 million francs is lower than in 2015 (39.1 million francs) owing to integration costs and significantly higher tax and financial ex-penses . Will propose a dividend increase (distribution from reserves of capital contributions) from 1.80 francs to 2.00 francs . Siegfried expects to achieve a robust result for the current year .Anticipates high single-digit sales growth for 2017 subject to developments in various foreign currencies.  Full Article

Siegfried Holding places subordinated public hybrid bond of CHF 145 mln
Tuesday, 27 Sep 2016 02:49am EDT 

Siegfried Holding Ltd : Successfully placed a subordinated public hybrid bond in the amount of 145 million Swiss francs ($149.52 million) at a yearly coupon of 2.125 pct .Proceeds are used for capital structure management purposes and repayment of existing bank loans.  Full Article

Siegfried Holding H1 sales up at 353.6 mln Swiss francs
Thursday, 18 Aug 2016 12:30am EDT 

Siegfried Holding AG : Sales for the first half year 2016 of 353.6 million Swiss francs ($368.10 million), representing a growth of 76.2 pct . Net profit for the first six months of 14.0 million Swiss francs (16.7 million Swiss francs before special effects; 2015: 16.0 million Swiss francs) . Expects sales for the entire financial year in a positive market to reach more than 700 million Swiss francs .Expects to report EBITDA of 100 million Swiss francs before integration costs for the full 2016 financial year, particularly as the acquired BASF business in the past years reported an earnings surplus in the second half of the year.  Full Article

BRIEF-Siegfried Holding FY EBITDA Up 17.8% At CHF 114.0 Mln

* REPORTED SALES OF 750.5 MILLION FRANCS FOR THE 2017 FINANCIAL YEAR, CORRESPONDING TO A GROWTH OF 4.6%