Schaffner expects double-digit growth in the first half of 2013/14

Media Release

Schaffner expects double-digit growth in the first half of 2013/14

All three divisions are likely to record considerable increases in sales and profit compared with the prior-year period

The Schaffner Group expects net sales as at the end of the first half of 2013/14 (31 March 2014) to amount to slightly over CHF 100 million (H1 2012/13: CHF 89.6 million). The operating margin (EBIT margin) for the first half of 2013/14 is likely to be 4.8%. In the first half of 2012/13, EBIT margin was still 1.8%. All three Group divisions have had a good start to the current fiscal year andwill probably markedly exceed the figures for both sales and profit achieved in the first half of the previous year. The 2013/14 Interim Report will be published on 13 May 2014.

Provided that the economic situation remains stable and exchange rates remain more or less constant, the Schaffner Group management anticipates that the positive growth in the first half of 2013/14 will also be reflected in the results for the full year. The Schaffner Group is aiming for an increase in sales of around 10% as well as a further increase in the operating margin (2012/13: 4.8%) for fiscal year 2013/14.

Luterbach, 21 February 2014

Calendar

13 May 2014

Publication of Half-Year Report 2013/14 (half-year results)

9 December 2014

Publication of Annual Report 2013/14 (full-year results)

15 January 2015

19th Annual General Meeting

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