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Huber+Suhner AG (HUBN.S)

HUBN.S on Swiss Exchange

62.90CHF
23 Aug 2019
Change (% chg)

CHF-2.40 (-3.68%)
Prev Close
CHF65.30
Open
CHF65.90
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CHF66.10
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CHF62.60
Volume
80,886
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34,547
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CHF85.90
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CHF61.20

Latest Key Developments (Source: Significant Developments)

Huber+Suhner H1 EBIT Rose 7.8% To CHF 47.8 Mln
Tuesday, 20 Aug 2019 

Aug 20 (Reuters) - Huber+Suhner AG ::H1 ORDER INTAKE AT CHF 448.7 MILLION VERSUS CHF 516.8 MILLION YEAR AGO.H1 NET SALES AT CHF 447.3 MILLION VERSUS CHF 474.0 MILLION YEAR AGO.H1 EBIT ROSE 7.8 % YEAR ON YEAR TO CHF 47.8 MILLION.H1 NET INCOME AT CHF 37.4 MILLION VERSUS CHF 31.6 MILLION YEAR AGO.EXPECTS A RATHER RESTRAINED DEVELOPMENT IN THE SECOND HALF OF THE YEAR.OUTLOOK 2019: SALES ARE CURRENTLY EXPECTED TO DECLINE BY A MID-SINGLE-DIGIT PERCENTAGE YEAR ON YEAR IN 2019.CONFIRMS ITS GUIDANCE FOR EBIT MARGIN FOR ENTIRE FY IN UPPER HALF OF THE MEDIUM-TERM TARGET RANGE OF 8 – 10 %.  Full Article

Huber+Suhner FY Group Net Sales Up By 14.3% At CHF 885.0 Mln
Tuesday, 19 Mar 2019 

March 19 (Reuters) - Huber+Suhner AG ::FY NET SALES AT GROUP LEVEL GREW BY 14.3 % TO CHF 885.0 MILLION.FY ORDER INTAKE AT GROUP LEVEL ONCE AGAIN ROSE BY A DOUBLE-DIGIT 10.8 % TO CHF 915.2 MILLION.FY NET INCOME INCREASED TO CHF 61.4 MILLION (PY CHF 42.1 MILLION).PROPOSES PAYOUT OF CHF 2.50 PER SHARE (ORDINARY DIVIDEND OF CHF 1.50 AND ANNIVERSARY DIVIDEND OF CHF 1.00 PER SHARE).FOR THE CURRENT FINANCIAL YEAR, THE GROUP EXPECTS NET SALES AT THE LEVEL OF 2018.2019 EBIT MARGIN IS EXPECTED TO BE IN THE UPPER HALF OF THE MEDIUM-TERM EBIT TARGET RANGE OF 8–10 %.  Full Article

Huber+Suhner FY Net Sales Up 14.3 Pct At CHF 885 Mln
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - Huber+Suhner AG ::INCREASED FY NET SALES BY 14.3 % YEAR-ON-YEAR TO CHF 885 MILLION.FY ORDER INTAKE GREW BY 10.8 % TO CHF 915 MILLION.  Full Article

Huber+Suhner: Change In Executive Group Management
Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - HUBER+SUHNER AG ::CHANGE IN THE EXECUTIVE GROUP MANAGEMENT OF HUBER+SUHNER.ULRICH SCHAUMANN, WHO HAS BEEN A MEMBER OF EXECUTIVE GROUP MANAGEMENT SINCE 2015, HAS DECIDED TO RETIRE EARLY AND TO LEAVE HUBER+SUHNER AT END OF 2019.  Full Article

Huber+Suhner Sees 2018 Sales Higher Than Expected
Friday, 4 Jan 2019 

Jan 4 (Reuters) - Huber+Suhner AG ::EXPECTS NET SALES FOR 2018 AS A WHOLE TO BE SLIGHTLY ABOVE THE RANGE OF CHF 860 – 880 MILLION COMMUNICATED AFTER NINE MONTHS.  Full Article

Huber+Suhner Becomes Tier 1 Supplier To Chinese Electric Vehicle Manufacturer Geely
Friday, 19 Oct 2018 

Oct 19 (Reuters) - Huber+Suhner AG ::HUBER + SUHNER AG - HUBER+SUHNER BECOMES TIER 1 SUPPLIER TO LEADING CHINESE ELECTRIC VEHICLE MANUFACTURER GEELY.SIGNED A PLATFORM CONTRACT WITH ZHEJIANG GEELY HOLDING GROUP CO., LTD. (GEELY).COOPERATION INCLUDES PRODUCTION AND DELIVERY OF RACS CONNECTION SYSTEMS OVER NEXT FOUR YEARS.ALOS NOMINATED AS A SUPPLIER FOR TWO UPCOMING PLATFORM PROGRAMS.POSSIBLE FURTHER SERIES ORDERS RESULTING FROM THESE NOMINATIONS ARE STAGGERED OVER A PERIOD UNTIL 2023.  Full Article

HUBER+SUHNER H1 Net Income Up 32.2% At CHF 31.6 Million
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - HUBER+SUHNER AG ::H1 ORDER INTAKE OF CHF 516.8 MILLION WAS UP 21.6 % ON THE SAME PERIOD IN THE PREVIOUS YEAR.H1 NET SALES UP 15.4 % TO CHF 474.0 MILLION.H1 EBIT OF CHF 44.3 MILLION, 35.1 % HIGHER THAN IN THE PREVIOUS YEAR.H1 NET INCOME ROSE BY 32.2 % TO CHF 31.6 MILLION.EXPECTS GROWTH IN NET SALES OF AT LEAST 10 % IN 2018 COMPARED TO THE PREVIOUS YEAR, PROVIDED THAT THERE IS A COMPARABLE CURRENCY SITUATION.EBIT MARGIN FOR 2018 AS A WHOLE SHOULD BE IN THE MIDDLE OF THE MEDIUM-TERM TARGET RANGE OF 8 – 10 %.  Full Article

Huber+Suhner Plans Expansion Investment And Concentration Of Cable Production In Pfaeffikon
Friday, 22 Jun 2018 

June 22 (Reuters) - HUBER+SUHNER AG ::PLANS EXPANSION INVESTMENT AND CONCENTRATION OF CABLE PRODUCTION IN PFAEFFIKON.INVESTMENT IN THE LOW DOUBLE-DIGIT MILLION RANGE.  Full Article

Huber+Suhner FY 2017 Order Intake Up 10.7% At CHF 826 Mln
Thursday, 25 Jan 2018 

Jan 25 (Reuters) - HUBER+SUHNER AG ::IN FY 2017 WAS ABLE TO INCREASE SALES BY 5.0 % TO CHF 774 MILLION.FY ORDER INTAKE INCREASED BY 10.7% COMPARED TO THE PREVIOUS YEAR TO CHF 826 MILLION.  Full Article

Huber+Suhner ‍acquires 100 pct of Inwave Elektronik AG ​
Friday, 10 Nov 2017 

Nov 10 (Reuters) - HUBER+SUHNER AG ::‍ACQUIRES 100 PER CENT OF INWAVE ELEKTRONIK AG IN REUTE (SWITZERLAND)​.‍BOTH PARTIES HAVE AGREED TO TREAT FINANCIAL DETAILS OF TRANSACTION AS CONFIDENTIAL​.  Full Article

BRIEF-Huber+Suhner H1 EBIT Rose 7.8% To CHF 47.8 Mln

* H1 ORDER INTAKE AT CHF 448.7 MILLION VERSUS CHF 516.8 MILLION YEAR AGO