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Bell Food Group AG (BELL.S)

BELL.S on Swiss Exchange

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Latest Key Developments (Source: Significant Developments)

Bell Food Sells German Sausage Business To Zur Mühlen Group
5:38am BST 

June 24 (Reuters) - BELL FOOD GROUP AG ::PARTING COMPANY WITH ITS GERMAN SAUSAGE BUSINESS, WHICH IT IS SELLING TO ZUR MÜHLEN GROUP.WILL FOCUS ON AND FURTHER EXPAND ITS STRONG POSITION IN AIR-DRIED HAM SEGMENT.ZUR MÜHLEN GROUP WILL TAKE OVER PLANTS IN SUHL AND BÖRGER TOGETHER WITH ALL EMPLOYEES.SALE OF SAUSAGE BUSINESS WILL AFFECT JOBS IN ADMINISTRATION AND CENTRAL SERVICES DEPARTMENTS OF BELL GERMANY.SALE WILL REDUCE NET REVENUE BY SOME CHF 85 MILLION.SALE OF GERMAN SAUSAGE BUSINESS WILL HAVE A POSITIVE IMPACT ON BELL FOOD GROUP'S CASH FLOW AND EBIT OF SOME CHF 10 MILLION PER YEAR FROM 2020.DEPENDENCE ON FLUCTUATIONS IN PRICES FOR RAW MATERIALS WILL ALSO DECREASE.SALE WILL INCUR MOSTLY NON-CASH ONE-OFF COSTS OF AROUND CHF 35 MILLION IN 2019 FINANCIAL YEAR.PARTIES HAVE AGREED TO KEEP DETAILS OF TRANSACTION CONFIDENTIAL.  Full Article

Bell Food Group FY Profit Down 16.1 Pct At CHF 89.3 Million
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - Bell Food Group AG ::SALES REVENUE ROSE BY 15.4 PERCENT TO CHF 4.1 BILLION IN 2018.FY EBITDA GREW BY 8.8 PERCENT TO CHF 305 MILLION.AT CHF 89.3 MILLION, FY PROFIT WAS 16.1 PERCENT LESS THAN IN THE PREVIOUS YEAR.FOR 2018, THE ANNUAL GENERAL MEETING WILL BE ASKED TO APPROVE A DISTRIBUTION OF CHF 5.50 PER SHARE.  Full Article

Bell Food Group AG FY Net Profit Up At CHF 106.5 Mln
Tuesday, 13 Feb 2018 

Feb 13 (Reuters) - BELL FOOD GROUP AG ::FY PROCEEDS FROM THE SALE OF GOODS INCREASED BY 5.9 % TO CHF 3.6 BILLION.FY NET PROFIT IMPROVED BY 5.9 % TO CHF 106.5 MILLION.AT CHF 149.7 MILLION, FY EBIT WAS UP ON THE PREVIOUS YEAR BY 5.3 %.INCREASE IN DIVIDEND FROM CHF 7 TO CHF 8 PER SHARE WILL BE PROPOSED TO GENERAL MEETING.EXPECTS RELAXATION IN RAW MATERIAL PRICES SEEN IN H2 2017 TO CONTINUE IN 2018, WHICH WILL HAVE POSITIVE IMPACT ON MARGINS.  Full Article

Bell Food Group Says Competition Authority Approves Acquisition Of Hügli Holding
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - BELL FOOD GROUP ::COMPETITION AUTHORITY APPROVES ACQUISITION OF HÜGLI HOLDING BY BELL FOOD GROUP LTD‍​.  Full Article

Bell Food Group Announces Public Tender Offer For Huegli
Monday, 15 Jan 2018 

Jan 15 (Reuters) - BELL FOOD GROUP AG ::ANNOUNCES PUBLIC TENDER OFFER FOR HÜGLI <<>>.ACQUIRES MAJORITY STAKE IN HÜGLI HOLDING AND ANNOUNCES PUBLIC TENDER OFFER FOR THE REMAINING SHARES.ACQUISITION PRICE OF CHF 915 PER SHARE CORRESPONDS TO A PREMIUM OF 14.4%.CAPITAL INCREASE PLANNED TO RAISE AROUND CHF 600 MILLION.BOND ISSUE OF AROUND CHF 350 MILLION FOR REFINANCING PURPOSES.  Full Article

Bell H1 net profit after third-party interests up 9.1 pct at CHF 39.5 mln
Thursday, 17 Aug 2017 

Aug 17 (Reuters) - BELL AG ::SALES REVENUE IMPROVED BY 7.3 PERCENT OR CHF 118 MILLION TO CHF 1.73 BILLION IN H1 OF 2017.AT CHF 65.4 MILLION, H1 EBIT WAS AROUND CHF 4.4 MILLION BETTER THAN IN THE PREVIOUS YEAR.H1 NET PROFIT AFTER THIRD-PARTY INTERESTS WAS CHF 39.5 MILLION, UP BY 9.1 PERCENT (CHF +3.3 MILLION) ON THE PREVIOUS YEAR.DOES NOT EXPECT RAW MATERIAL PRICES FOR PORK TO FALL SUBSTANTIALLY IN EUROPE IN THE SECOND HALF OF THE YEAR.  Full Article

Swiss stocks - Factors to watch on June 24

ZURICH/BERLIN, June 24 The Swiss blue-chip SMI was seen opening 0.05 percent lower at 9,918 points on Monday, according to premarket indications by bank Julius Baer .