Cham Paper Group Holding AG

EQS-Adhoc: Gratifying annual results for Cham Paper Group


EQS Group-Ad-hoc: Cham Paper Group Holding AG / Key word(s): Final Results
Gratifying annual results for Cham Paper Group

28-Feb-2017 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
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Cham, February, 28, 2017

Provisional annual figures:
Gratifying annual results for Cham Paper Group

Cham Paper Group enjoyed a largely satisfying annual result for 2016. The group
has returned to growth after a long and challenging transformation process in
the paper division. There were also improvements in terms of profitability
whereas the lower end of the target margin range was achieved. The paper
division benefited in a slightly weaker market environment from the efficiency
improvements in production and from a return to normal raw material prices. In
the real estate division the clear approval on the development of the Papieri
site by the public voters was the crowning event after a four year planning
phase, paving the way for the realization of the new quarter in Cham.

Cham Paper Group generated 2016 net revenue of approx. CHF 198 million (previous
year: CHF 194.3 million) on the basis of unaudited figures and achieved markedly
better operating results of about CHF 10 million (previous year: CHF 2.4
million). Net income is expected to reach about CHF 8 million (previous year:
CHF 0.5 million).

Cham Paper Group will publish the full year results and the annual report on 27.
March 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=LDOAGCEJQA
Document title: Cham Paper Group - Annual Result 2016
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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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547955  28-Feb-2017 CET/CEST
 



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