Brief: Ascom Holding FY Group Profit Of CHF 21.4 Mln

Ascom Holding AG

07/03/2019 05:48

March 7 (Reuters) - ASCOM HOLDING AG  ASCN.S :
    * FY NET REVENUE OF CHF 318.5 MILLION WITH A GROWTH RATE OF
2.8%
(1.7% AT CONSTANT CURRENCIES)
    * FY INCOMING ORDERS OF CHF 329.6 MILLION WITH A GROWTH RATE
OF
1.5%; ORDER BACKLOG INCREASED BY 4.4%
    * FY EBITDA OF CHF 39.0 MILLION REPRESENTING AN EBITDA
MARGIN OF
12.2%
    * FY GROUP PROFIT OF CHF 21.4 MILLION
    * PROPOSES DIVIDEND OF CHF 0.45 PER SHARE
    * 2019 TARGETS: 3-5% REVENUE GROWTH AND IMPROVEMENT OF
EBITDA
MARGIN OF BETWEEN 100 AND 200 BASIS POINTS COMPARED TO 2018
    * MID-TERM TARGETS: MID-SINGLE DIGIT REVENUE GROWTH AND AN
EBITDA
MARGIN CONVERGING TOWARDS 20%

Source text for Eikon:  ID:nNDL9lk6jj 
Further company coverage:  ASCN.S 

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