January 26, 2018 / 5:45 AM / a year ago

BRIEF-Starrag Group FY Sales up 9% to CHF 405 Mln

Jan 26 (Reuters) - Starrag Group:

* FY SALES UP 9% TO CHF 405 MILLION, UP 8% IN LOCAL CURRENCY

* ORDER BACKLOG OF CHF 302 MILLION SECURES CAPACITY UTILIZATION FOR WELL OVER ONE YEAR

* ORDER INTAKE OF CHF 349 MILLION BELOW THE PREVIOUS YEAR’S RECORD HIGH

* EXPECTED EBIT MARGIN 2017 SIGNIFICANTLY HIGHER Y-O-Y

Source text - bit.ly/2nbzF4j

Further company coverage: (Gdynia Newsroom)

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