Schaffner Holding AG provided earnings guidance for the first half of fiscal 2020. Affected by a slowdown in momentum in important end markets in the first quarter and the negative impact of the corona pandemic from the second quarter onwards, net sales of the Schaffner Group fell by 15% to CHF 86.0 million in the first half of fiscal 2019/20 (prior-year period: CHF 101.4 million). Despite this significant decline in sales, the Group expects both a positive operating result (EBIT) and a net profit for the period.