Brief: Calida FY Adjusted Operating Income Down At CHF 13.2 Million

Calida Holding AG

05/03/2021 06:03

March 5 (Reuters) - CALIDA HOLDING AG  CALN.S :
    * GAINS FURTHER MARKET SHARE THANKS TO STRONG BRANDS AND
EARLY
PURSUIT OF E-COMMERCE
    * SALES INCREASE OF 30 PERCENT IN SECOND HALF OF YEAR
COMPARED TO
FIRST SIX MONTHS THANKS TO RESILIENT BRAND PORTFOLIO
    * PROPOSAL FOR AN ORDINARY DIVIDEND AND AN ADDITIONAL
SPECIAL
DIVIDEND (DEFERRED DIVIDEND 2019) OF CHF 0.80
    * TIMO SCHMIDT-EISENHART TAKES UP ROLE AS NEW CEO ON 12
APRIL 2021
    * POSTED AN ADJUSTED OPERATING RESULT OF CHF 13.2 MILLION IN
2020,
COMPARED WITH CHF 23.5 MILLION IN PREVIOUS YEAR (ABOUT 44
PERCENT LOWER)
    * FY CURRENCY-ADJUSTED CONSOLIDATED NET SALES WERE 7.6
PERCENT
DOWN COMPARED WITH PREVIOUS YEAR AT CHF 332.7 MILLION (DOWN FROM
CHF 372.0 MILLION IN PREVIOUS YEAR)
    * FY ADJUSTED EBIT MARGIN STANDS AT 4.0 PERCENT, COMPARED
WITH 6.3
PERCENT IN PREVIOUS YEAR
    * CONFIDENT THAT IT WILL BE ABLE TO CONSOLIDATE SALES LEVEL
WITH
CURRENT BRAND PORTFOLIO

Source text for Eikon:  ID:nEQ2ftjk0a 
Further company coverage:  CALN.S 

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