Feintool International Holding AG reported consolidated sales results for the first quarter ended March 31, 2017. For the quarter, the company reported net sales of CHF 145.0 million compared to CHF 139.2 million a year ago.

The company provided earnings guidance for the year 2017. For the year, the company expects net sales of around CHF 580 million and an EBIT margin of 7.5% - 8%.