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GAV — Carlo Gavazzi Holding AG News Story

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Brief: Carlo Gavazzi H1 group net income up 66% to CHF 6.3 mln

Nov 24 (Reuters) - Carlo Gavazzi Holding AG  GAV.S : 
    * Operating revenue increase of 2.3 percent to 66.2 million Swiss francs ($65.04 million) in 
first half of 2016/17 (previous year: 64.7 million francs) 
    * H1 substantial EBIT growth from 6.3 million francs to 7.9 million francs (+25.4 percent), 
mainly driven by non-recurring exceptional proceeds and currency effects 
    * H1 group net income up from 3.8 million francs to 6.3 million francs (+65.8 percent) 
 
Source text for Eikon:  ID:nTENsfyn2a  
Further company coverage:  GAV.S  
 
($1 = 1.0178 Swiss francs) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))

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