Schaffner Group confirms strong demand in 1st quarter of 2006/2007
Luterbach (ots)- Over the business first quarter of 2006/2007, Schaffner Holding AG (SWX Swiss Exchange: SAHN) increased its net sales of electromagnetic-compatibility and power-quality components by 16.7% on the previous year's figure to CHF 34.1 million (CHF 29.3 million). Adjusted for currency effects, the rise in sales amounted to 15.5%. At the same time, order intake increased by 31.1% to CHF 45.9 million (CHF 35.1 million). The book-to-bill ratio for the first three months of the current business year came to 1.35. Adjusted for the influence of Schaffner Jacke GmbH, which has been consoli-dated for the first time, both net sales, at CHF 29.6 million, and order intake, at CHF 36.5 million, slightly exceeded the previous year's excellent figures. Including the EMC test systems business, which was sold at the end of November 2006 as part of a management buyout, and the last test systems activity, Cable & ElectroEmulation, which is up for sale, the Schaffner Group achieved net sales of CHF 43.0 million and an accumulated order intake of CHF 54.1 million.
Net sales/order intake: 1st quarter 2006/2007
1.10.06 - year-on-year 1.10.05 - 31.12.06 change in % 31.12.05
Net sales Continued in CHF m 34.1 15.5 (1) 16.7 29.3 Discontinued in CHF m 8.9 - (2) - (2) 9.9 Schaffner Group in CHF m 43.0 8.7 (1) 9.9 39.2
Order intake Continued in CHF m 45.9 29.3 (1) 31.1 35.1 Discontinued in CHF m 8.2 - (2) - (2) 12.3 Schaffner Group in CHF m 54.1 12.9 (1) 14.3 47.4
(1) Currency-adjusted (2 )Comparison not meaningful as a result of divestment
Calendar
January 17, 2007 Annual General Meeting of Shareholders
May 11, 2007 Publication of 2006/2007 Interim Report
July 12, 2007 Publication of third quarter 2006/2007 net sales and order intake
November 2, 2007 Publication of fourth quarter 2006/2007 net sales and order intake
December 6, 2007 Publication of Annual Report 2006/2007
January 16, 2008 Annual General Meeting of Shareholders
Schaffner - safety for electronic systems
Schaffner is the international leader in electromagnetic compatibility (EMC) and power quality (PQ), focusing on high-growth sectors such as aerospace, automotive industry, building automation, consumer goods, industrial electronics, medical technology, power supplies, renewable energy, transportation and telecommunications. Schaffner develops, produces, and markets standard and customer-specific components and modules. Schaffner continually strives to secure and expand its leading position through a program of innovation, customer-focused logistics, cost-efficient practices and a constant drive for quality.
Contact:
Hans Hess
Managing Director
Tel.: +41/32/681'66'06
E-Mail: hans.hess@schaffner.com
Dr. Martin Zwyssig
Executive Vice President & Chief Financial Officer
Tel.: +41/32/681'66'08
E-Mail: martin.zwyssig@schaffner.com