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Hochdorf Holding AG (HOCN.S)

HOCN.S on Swiss Exchange

275.25CHF
15 Dec 2017
Change (% chg)

CHF-6.75 (-2.39%)
Prev Close
CHF282.00
Open
CHF279.50
Day's High
CHF279.50
Day's Low
CHF273.75
Volume
1,301
Avg. Vol
2,731
52-wk High
CHF340.00
52-wk Low
CHF247.80

Latest Key Developments (Source: Significant Developments)

HOCHDORF Holding successfully places CHF 125 mln bond
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - HOCHDORF HOLDING AG ::EQS-ADHOC: HOCHDORF HOLDING LTD: HOCHDORF SUCCESSFULLY PLACES PUBLIC HYBRID BOND.‍SUCCESSFULLY PLACED A SUBORDINATED PUBLIC HYBRID BOND IN AMOUNT OF CHF 125 MILLION​.  Full Article

Hochdorf Holding acquires Zifru and Snapz
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - HOCHDORF HOLDING AG ::EQS-ADHOC: HOCHDORF GROUP PRESS RELEASE: TAKEOVER OF ZIFRU AND SNAPZ.‍ACQUISITION WILL BE COMPLETED BY END OF OCTOBER 2017​.‍PARTIES AGREED NOT TO DISCLOSE PURCHASE PRICE​.  Full Article

(OFFICIAL)-BRIEF-Hochdorf Holding H1 EBIT up 23 pct at CHF 13.1 mln
Wednesday, 17 Aug 2016 

Corrects the last bullet point to say that expected FY EBIT percentage is 4.0-4.2 pct and not 3.5-4.0 pct. Company corrected its own statement..4.2 pct and not 3.5-4.0 pct. Company corrected its own statement.) Aug 17 (Reuters) - Hochdorf Holding AG : Due in part to efficiency-boosting measures, H1 EBIT rose sharply to 13.1 million Swiss francs (+22.7 pct). . H1 net profit amounted to a gratifying 11.0 million Swiss francs (previous year: 4.1 million Swiss francs) . Implementation of the communicated strategy 2016-2020 is underway . Presuming that a purchase agreement is signed on schedule, the board of directors will convene an extraordinary general meeting in the fourth quarter of 2016 . “We are optimistic as to the second half of the year. '' - CEO . H1 gross sales revenue of 278.4 million Swiss francs (previous year: 284.3 million Swiss francs; -2.1 pct). . Turnover and revenue targets for the 2016 business year as a whole have been adjusted. . In H1 group significantly boosted both EBITDA (18.4 million Swiss francs) and EBIT (13.1 million Swiss francs) . A letter of intent was signed in early July concerning the potential majority participation by the Hochdorf Group in Pharmalys Laboratories SA . An increase in the restriction to voting rights from the current 5 pct to 15 pct might also become necessary . “Because of the persistently low price of milk with influence on the dairy ingredients products, we slightly lowered the forecasted annual turnover to 540 to 580 million Swiss francs''- CEO.  Full Article

Hochdorf Holding H1 EBIT up 22.7 pct at CHF 13.1 million
Wednesday, 17 Aug 2016 

Hochdorf Holding AG : Due in part to efficiency-boosting measures, H1 EBIT rose sharply to 13.1 million Swiss francs (+22.7 pct). . H1 net profit amounted to a gratifying 11.0 million Swiss francs (previous year: 4.1 million Swiss francs) . Implementation of the communicated strategy 2016-2020 is underway . Presuming that a purchase agreement is signed on schedule, the board of directors will convene an extraordinary general meeting in the fourth quarter of 2016 . “We are optimistic as to the second half of the year. '' - CEO . H1 gross sales revenue of 278.4 million Swiss francs (previous year: 284.3 million Swiss francs; -2.1 pct). . Turnover and revenue targets for the 2016 business year as a whole have been adjusted. . In H1 group significantly boosted both EBITDA (18.4 million Swiss francs) and EBIT (13.1 million Swiss francs) . A letter of intent was signed in early July concerning the potential majority participation by the Hochdorf Group in Pharmalys Laboratories SA . An increase in the restriction to voting rights from the current 5 pct to 15 pct might also become necessary . “Because of the persistently low price of milk with influence on the dairy ingredients products, we slightly lowered the forecasted annual turnover to 540 to 580 million Swiss francs''- CEO.  Full Article

Hochdorf Holding: forward integration with Pharmalys Laboratories SA under examination
Monday, 25 Jul 2016 

Hochdorf Holding AG : Forward integration with Pharmalys Laboratories SA under examination . Hochdorf Holding previously announced integration of downstream stages of value creation stream as one of its strategic aims, particularly for international market . In area of baby care there is now mutual interest with Pharmalys Laboratories SA in pursuing an integration with Hochdorf Group .A memorandum of understanding has been signed to this effect.  Full Article

Hochdorf Holding to propose dividend
Thursday, 7 Apr 2016 

Hochdorf Holding AG:Board of directors will request the annual general meeting to approve a dividend payment of 3.70 Swiss francs per share from capital investment reserves.  Full Article

Swiss stocks - Factors to watch on Nov 22

ZURICH, Nov 22 The Swiss blue-chip SMI was seen opening 0.3 percent higher at 9,348 points on Wednesday, according to premarket indications by bank Julius Baer