04.07.2017 – 07:06

Cham Paper Group Holding AG

EQS-Adhoc: Encouraging business development

EQS Group-Ad-hoc: Cham Paper Group Holding AG / Key word(s): Preliminary Results
Encouraging business development

04-Jul-2017 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
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Cham, 4 July 2017


Encouraging business development

Business activities of the Cham Paper Group are developing favorably in 2017.
The paper division is benefiting from the excellent reputation of its products
in the market, where the sales department is increasingly concentrating on the
sale of specialty papers which carry higher margins. At the same time,
efficiency enhancements at the factories are leading to higher profitability.
For the first half-year, the Group expects to achieve an operating profit of CHF
9 to 10 million (prior year period CHF 5.2 million) at a slightly lower revenue
level of around CHF 100 million (prior year period CHF 103.8 million). The still
small real estate division (www.papieri-cham.ch) is developing according to
plan. Here, planning activities for the first construction phase are of primary
importance.

The Cham Paper Group will release details about the first half year on 17 August
2017.

 

For information, please contact
Media and IR office Cham Paper Group Holding AG
Edwin van der Geest
E-Mail:media@cham-group.comorinvestor@cham-group.com
Phone +41 43 268 32 32 / +41 79 330 55 22
Valor / ISIN / Ticker: registered shares Cham Paper Group Holding AG 193 185 /
CH0001931853 / CPGN


Cham Paper Group
The Cham Paper Group is a leading manufacturer of coated speciality papers.
Surface finishing lends papers properties that generate value added for its
customers. The company, which was founded in 1657, has three sites, one in
Switzerland (Cham) and two in Italy (Carmignano and Condino), and a global sales
network.
The decision to focus on development and sales and discontinue paper
manufacturing in Switzerland has made way for a new project on the factory site
in the centre of Cham. The Cham Paper Group is developing an eleven-hectare
quarter there called the Papieri site.
The Cham Paper Group (stock exchange symbol: CPGN) is listed on Switzerland's
SIX Swiss Exchange.


Disclaimer
This communication may contain statements about the future that use words such
as, for example, "believe", "assume", "expect" and other similar expressions.
Such statements about the future are subject to risks, uncertainties, and other
factors, which can cause the true results of the company to differ significantly
from that which is expressly or implicitly assumed in these statements. In view
of these uncertainties, the reader should not depend on this type of statement
about the future. The company gives no undertaking whatever to update such
statements regarding the future, or to adapt them to future events or
developments.

This press release is issued in English and German. The German version is
binding.

Additional features:


Document:http://n.eqs.com/c/fncls.ssp?u=FOOSFGDEUB
Document title: CPGN_En_04.07.2017
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End of ad hoc announcement------------------------------------------------------

Language: English

Company:  Cham Paper Group Holding AG

          Fabrikstrasse

          6330 Cham

          Switzerland

Phone:    +41 41 785 33 33

Fax:      +41 41 785 31 50

E-mail:    mail.cham@cham-group.com

Internet: www.cham-group.com

ISIN:     CH0001931853

Valor:    -

Listed:   SIX Swiss Exchange



 

End of Announcement EQS Group News Service

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589251  04-Jul-2017 CET/CEST