Brief: Bell Food Reports HY Results

Bell Food AG

13/08/2020 05:47

Aug 13 (Reuters) - Bell Food Group AG  BELL.S :
    * BELL FOOD- AT CHF 2.0 BILLION IN H1, CO'S SALES REVENUE
ADJUSTED
FOR CURRENCY EFFECTS AND DIVESTMENTS IMPROVED BY CHF 59.3
MILLION OR 2.9% YEAR-ON-YEAR
    * AT CHF 59.4 MILLION, HY REPORTED EBIT IS CHF 1.4 MILLION
OR 2.4
PERCENT HIGHER THAN ADJUSTED PRIOR-YEAR FIGURE
    * REPORTED HALF-YEAR RESULT IS CHF 34.9 MILLION, UP CHF 44.5
MILLION ON PREVIOUS YEAR WHICH WAS BURDENED BY EXCEPTIONAL
FACTORS.
    * FORMULATION OF AN OUTLOOK FOR SECOND HALF IS CHALLENGING
    * BELL FOOD- BELL FOOD GROUP EXPECTS PARTIAL LIFTING OF
CORONAVIRUS RESTRICTIONS TO LEAD TO A STEP-BY-STEP RECOVERY IN
SALES FOR FOOD SERVICE CHANNEL
    * RETAIL SALES ON OTHER HAND ARE LIKELY TO BE MORE OR LESS
SAME AS
BEFORE PANDEMIC

Source text for Eikon:  ID:nNDL4H6BDV 
Further company coverage:  BELL.S 

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