Brief: Ascom Holding AG Reports HY Net Revenues of CHF 133.4 Mln

Ascom Holding AG

13/08/2020 05:38

Aug 13 (Reuters) - Ascom Holding AG  ASCN.S :
    * HY EBITDA CAME TO CHF 8.4 MILLION
    * HY NET REVENUE INCREASED BY 2.8%
    * BOTH INCOMING ORDERS AND ORDER BACKLOG SHOWED POSITIVE
DEVELOPMENT IN HY
    * BALANCE SHEET STRUCTURE IMPROVED AND ASCOM WAS ABLE TO
RETURN TO
A POSITIVE NET CASH POSITION AS OF 30 JUNE 2020
    * H1 OVERALL INCOMING ORDERS CAME TO CHF 154.8 MILLION,
REPRESENTING AN INCREASE OF +1.1% AT CONSTANT CURRENCIES
    * HY ORDER BACKLOG INCREASED BY 17.6% AT CONSTANT CURRENCIES
TO
CHF 194.3 MILLION
    * REITERATE PREVIOUSLY COMMUNICATED TARGETS
    * FOR FISCAL YEAR 2020, STRIVE TO ACHIEVE LOW SINGLE-DIGIT
REVENUE
GROWTH, WITH A HIGH SINGLE-DIGIT EBITDA MARGIN
    * HY NET REVENUES CHF 133.4 MILLION
    * HY LOSS PER SHARE CHF 0.1

Source text for Eikon:  ID:nNDL1kj0N1 
Further company coverage:  ASCN.S 

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