In the first half of fiscal 2009/10, the Schaffner Group posted net sales of CHF 84.6 million (previous year: CHF 71.9 million). The operating result improved to CHF 5.6 million (CHF -7.1 million), the EBIT margin climbed to 6.6% and net profit increased to CHF 3.8 million (CHF -8.8 million). This corresponds to CHF 5.94 (CHF -14.68) per share (EPS). The positive first-half result in 2009/10 is a result of efficiency measures implemented in the previous year and the considerable increase in sales.
The Schaffer Group will publish detailed information on the first-half results for fiscal 2009/10 on Wednesday May 12, 2010.
Luterbach, May 5, 2010
