Strong development of the Schaffner Group in fiscal 2016/17

Media Release

Strong development of the Schaffner Group in fiscal 2016/17

Luterbach, 17 November 2017 – The Schaffner Group's recovery was confirmed in the second half of fiscal 2016/17. From today's perspective, Schaffner expects a 5.5 % increase in sales for fiscal 2016/17 compared to the previous year. As in the first half year, profitability developed positively, and the Group expects a net profit in the range of CHF 7 million to CHF 9 million for fiscal 2016/17.

The detailed results of fiscal 2016/17 and the annual report 2016/17 of Schaffner Holding AG will be published on 7 December 2017.

Contact

Kurt Ledermann

CFO

T +41 32 681 66 08

kurt.ledermann@schaffner.com

Financial calendar

7 December 2017

11 January 2018

Publication of annual report 2016/17

22th Annual General Meeting

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