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Schaffner Holding AG

Schaffner Group sells Swiss properties: Espace Real Estate acquires Schaffner properties in Luterbach

Luterbach (ots)

The Schaffner Group (SWX Swiss Exchange: SAHN)
has sold its Swiss properties at the company's headquarters in
Luterbach to the real estate investment company Espace Real Estate
AG, Bienne (www.ere.ch). Schaffner's decision to sell its entire real
estate holdings came after sales negotiations for properties not
essential to operations had revealed that this would prove to be a
better overall solution. At the same time, the Schaffner Group signed
a long-term lease agreement for its operational headquarters as well
as its development and production facilities in Luterbach. According
to Martin Zwyssig, Chief Financial Officer of the Schaffner Group,
the sale of the Group's Swiss properties is expected to influence the
Schaffner Group's 2005/2006 net profit by an amount in the
single-digit millions.
Calendar
November 3, 2006  Publication of fourth quarter 2005/2006 net sales
                  and order intake
December 7, 2006  Publication of Annual Report 2005/2006
                  (presentation)
January 16, 2007  Publication of first quarter 2006/2007 net sales
                  and order intake
January 17, 2007  Annual General Meeting of Shareholders
Schaffner - safety for electronic systems
Schaffner is the international leader in electromagnetic
compatibility (EMC), focusing on high-growth sectors such as the
automotive industry, building automation, industrial electronics,
consumer goods, aerospace, medical technology, power supplies,
telecommunications, transportation, and the public sector. Schaffner
develops, produces, and markets standard and customer-specific
components, modules, test systems, and test facilities. Schaffner
strives to secure and expand its leading position through a program
of innovation, customer-focused logistics, and cost-efficient
practices.

Contact:

Hans Hess
Delegate of the Board of Directors
Tel. T +41/32/681'66'06
E-Mail: hans.hess@schaffner.com

Martin Zwyssig
Executive Vice President & Chief Financial Officer
Tel. +41/32/681'66'08
E-Mail: martin.zwyssig@schaffner.com

Schaffner Holding AG, CH-4542 Luterbach
Tel. +41/32/681'66'26
Fax +41/32/681'66'30
Internet: http://www.schaffner.com

Weitere Storys: Schaffner Holding AG
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  • 12.05.2006 – 05:30

    Schaffner Group in the first half of fiscal 2005/2006

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