Brief: Ascom Holding FY Revenue Down 8.5% To CHF 283 Million

Ascom Holding AG

17/01/2020 05:52

Jan 17 (Reuters) - Ascom Holding AG  ASCN.S :
    * GENERATED FOR FISCAL YEAR 2019 NET REVENUE OF CHF 283
MILLION,
NET REVENUE DECLINED BY 8.5% COMPARED TO THE PRIOR YEAR (2018:
CHF 318.5 MILLION)
    * 2019 INCOMING ORDERS CAME TO ABOUT CHF 315 MILLION (-1.4%
AT
CONSTANT CURRENCIES) WHILE THE ORDER BACKLOG GREW TO CHF 177
MILLION (+ 22% AT CONSTANT CURRENCIES).
    * 2019 EBITDA IS EXPECTED TO BE CLOSE TO BREAK-EVEN
    * ASCOM EXPECTS FOR 2019 A SLIGHTLY POSITIVE GROUP PROFIT,
ALSO
DUE TO ONE-OFF EFFECTS SUCH AS THE SALE OF TECHNOLOGIEPARK
TENINGEN IN THE FIRST HALF-YEAR.

    
 Source text: https://bit.ly/2TsvpyB
    
 Further company coverage:  ASCN.S  
   


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