Press Releases
08.09.2008 | Art & Fragrance announces its results for the first half of 2008 and takes a strategic investor on board for its subsidiary Lalique The Swiss company Art & Fragrance SA (BX:ARTN), which is active in the creation, development and worldwide distribution of luxury goods, recorded a loss before interest and taxes (EBIT) of CHF 5 million in the first half of 2008. This result reflects the restructuring of Lalique, which is progressing according to schedule, together with currency effects and high raw materials costs. Art & Fragrance has taken on board Paris-based family holding company Financière Saint-Germain (FSG) as a strategic investor for its French subsidiary Lalique. |
29.07.2008 | Art & Fragrance appoints David Rios as new Head of Sales & Export Art & Fragrance announced today that Sandra Sciboz, Head of Sales & Export and member of the Executive Board, is leaving the company on 31 October 2008 in order to pursue new challenges. |
01.07.2008 |
Art & Fragrance SA (BX: ARTN) today announced its intention to create a new Executive Board position for the operational management of its cosmetics business. Marc Roesti, member of the Board of Directors of Ultrasun, will take on this role until a suitable candidate has been appointed. Romina Di Santi will be appointed as the new Head of Marketing and as member of the Executive Board of Art & Fragrance. |
30.05.2008 | Annual General Meeting of Art & Fragrance SA At the Annual General Meeting, the shareholders of Art & Fragrance SA approved all of the motions proposed by the Board of Directors. |
30.04.2008 |
03.03.2008 |
The Art & Fragrance Group (BX: ARTN) is a successful niche player in the luxury goods sector specialising in the creation, development and worldwide distribution of perfumes and cosmetics. In February 2008 it took over the renowned French company Lalique. Revenues were CHF 35.2 million in 2007. Following its acquisition of Ultrasun, the operating result (EBIT) improved from CHF 5.8 million in 2006 to CHF 6.2 million in the reporting year. Equity ratio remained above 80%. |
14.02.2008 | Art & Fragrance acquires the long-established French company Lalique S.A. Art & Fragrance S.A. – a Swiss company listed on the BX Berne eXchange (ARTN) – announced today that it has acquired the French luxury goods company Lalique S.A. from the Pochet group for EUR 44 million. With the acquisition, Art & Fragrance aims to significantly boost growth, make headway in the prestige segment with its perfume brand portfolio and expand its activities in the luxury goods sector. |
19.09.2007 | Price of Art & Fragrance share CHF 22
Art & Fragrance SA – a company specialising in the creation, development, marketing and worldwide distribution of perfumes and cosmetics – announced today that the price per registered share in the company has been set at CHF 22 as part of its entry onto the BX Berne eXchange. At the start of trading today, market capitalisation stands at CHF 110 million. The free float is at 20%. |
11.09.2007
| Art & Fragrance launches IPO on the BX Berne eXchange With the publication of its offering circular, Art & Fragrance SA – a company specializing in the creation, development, marketing and worldwide distribution of perfumes and cosmetics – has today launched its entry onto the BX Berne eXchange. The price range per registered share with a nominal value of CHF 0.20 is CHF 20 to CHF 23. Following the conclusion of the IPO this corresponds to a market capitalisation of approx. CHF 100 million to CHF 115 million. The free float will amount to a maximum of 20%. It is envisaged that 19 September 2007 will be the first day of trading. No new shares will be created within the framework of the IPO. |
30.07.2007 | Art & Fragrance to add scent to the Berne stock exchange Art & Fragrance, a company operating in the luxury goods sector, is planning its IPO on the BX Berne eXchange. Art & Fragrance is a successful niche player specialising in the creation, development, marketing and worldwide distribution of perfumes and cosmetics. The company employs a statt of 30 and in 2006 recorded revenue of CHF 40.0 million and a consolidated net profit of CHF 11.2 million, around half of which was generated by its core business. |
09.03.2007 |
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