Brief: Carlo Gavazzi Holding FY Net Income Of CHF 6.1 Million, Down 43.0%

Carlo Gavazzi Holding AG

24/06/2020 05:53

June 24 (Reuters) - Carlo Gavazzi Holding AG  GAV.S :
    * FY OPERATING REVENUE -0.5% IN LOCAL CURRENCY / -4.2% IN
CHF
RESPECTIVELY, REACHING CHF 148.5 MILLION (2018/19: CHF 155.0
MILLION)
    * FY OPERATING PROFIT (EBIT) DECREASES TO CHF 10.8 MILLION,
(2018/19: CHF 15.2 MILLION / -28.9%)
    * FY NET INCOME OF CHF 6.1 MILLION (CHF 10.7 MILLION IN
2018/19 /
-43.0%)
    * BOARD OF DIRECTORS PROPOSES TO REFRAIN FROM DISTRIBUTING
DIVIDEND

Source text: https://bit.ly/2NrCY4a
Further company coverage:  GAV.S 

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