Schaffner Confirms Sales Growth for Fiscal 2012/13

Full-year sales expected to increase in the upper single-digit range

  • September 16, 2013
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  • Schaffner CEO Alexander Hagemann
    Schaffner CEO Alexander Hagemann

On 11 September 2013 the Schaffer Group provided an update on its expectations for fiscal 2012/13 ending 30 September at the small- and mid-cap conference Investora Zurich. Second-half results in all divisions are expected to exceed those of the first six months, in terms of both sales and earnings. Full-year sales are expected to show an increase on the prior-year figure of CHF 176.9 million in the upper single-digit range. The operating margin (EBIT margin) is likely to be on a par with or slightly above that of the previous year (2011/12: 4.1%).

With the implementation of structural cost-reduction measures, a sustained high level of innovation and a strong presence in the Asia-Pacific region, Schaffner is well placed to achieve further structural growth and participate in the anticipated cyclical recovery in European markets in 2014.

Graduated in political sciences and international relations in Paris, Anis joined the team in early 2019. Editor for IEN Europe and the new digital magazine AI IEN, he is a new tech enthusiast. Also passionate about sports, music, cultures and languages. 

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