Report
Alexandre Müller

Demand slump in key markets, FX to affect FY2015


  • ​Uninspiring demand scenario to impede top-line growth in FY2015
  • Guidance on 1H and full FY2015 results
  • CHF de-peg to impact FY2015
  • Stock weakens post guidance
  • Compelling valuation vs. peers


Underlying
Schaffner Holding AG

Schaffner Holding is active in the electromagnetic compatibility (EMC) market. Co. provideds its expertise and services worldwide in the fields of development consultancy, EMC testing, application support and production. Through its worldwide network of sales, application and production centers, as well as research and development teams and efficient logistics management, Co. provides local support to regional and global customers.

Provider
Research Dynamics
Research Dynamics

Research Dynamics offers independent research with a focus on publicly-listed small- and mid-cap companies in Switzerland. Its global research team is comprised of experienced analysts based in our office in Zurich, and a team of around 30 highly qualified financial analysts and market researchers in India.

In addition, our research services include fundamental analyses, audits as well as media and social media monitoring, all delivered in a timely manner. Fundamental research is focused on valuation, financial modelling, company, market and peer group analyses. 

Analysts
Alexandre Müller

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