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Schaffner Holding AG

Schaffner Group reports good fourth-quarter results: Positive trend in sales and orders for EMC components continues

Luterbach (ots)

The Schaffner Group (SWX Swiss Exchange: SAHN)
increased consolidated net sales in fiscal 2005/2006 by 10.3% to CHF
184.0 million (2004/2005: CHF 166.8 million). Adjusted for currency
effects, this amounts to an increase of 8.4%. Order intake rose by
8.5% to CHF 188.5 million (CHF 173.8 million). For fiscal 2005/2006,
this results in a book-to-bill ratio of 1.02. The positive trend is
attributable to continuing robust demand for Schaffner components,
notably in the strong industrial electronics and telecommunication
segments as well as in the automotive and medical technology
segments.
In its continuing Components business the Schaffner Group reported
an increase in net sales for the fourth quarter of 2005/2006 of 7.4%
to CHF 36.5 million (CHF 33.9 million) and a rise in order intake of
11.0% to CHF 34.0 million (CHF 30.7 million). Schaffner Components
posted a full-year increase in net sales of 12.3% to CHF 137.8
million (CHF 122.7 million) and a year-over-year rise in order intake
of 10.6% to CHF 141.4 million (CHF 127.8 million); the book-to-bill
ratio for the last twelve months amounted to 1.03.
The discontinued Test Systems business posted fourth-quarter net
sales of CHF 11.3 million and an order intake of CHF 9.0 million.
Full-year net sales amounted to CHF 46.2 million. Test Systems thus
accounted for 25.0% of the Schaffner Group's consolidated sales.
Total order intake amounted to CHF 47.1 million, resulting in a
year-end book-to-bill ratio of 1.02. Following the successful
divestment of the first two tranches of the Test Systems business,
discussions are under way with potential investors for the remaining
Cable Tests & ElectroEmulation unit.
Calendar
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) and power quality, 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.
This media information is available at www.schaffner.com

Contact:

Hans Hess
Delegate of the Board
Tel.: +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
E-Mail: www.schaffner.com

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Weitere Storys: Schaffner Holding AG