Brief: Coltene Holding AG Says FY 2020 Net Profit At 8.2 Mln CHF

COLTENE Holding AG

05/03/2021 05:14

March 5 (Reuters) - Coltene Holding AG  CLTN.S :
    * FY NET PROFIT 8.2 MILLION CHF
    * FY UNDERLYING EBIT 32.1 MILLION CHF VERSUS 32 MILLION CHF
YEAR
AGO
    * FY SALES 248.4 MILLION CHF VERSUS 273.8 MILLION CHF YEAR
AGO
    * FY UNDERLYING NET PROFIT 19.9 MILLION CHF VERSUS 20
MILLION CHF
YEAR AGO
    * FOR 2021, GROUP MANAGEMENT EXPECTS DEMAND TO RECOVER TO
2019
LEVELS IN DENTAL PRESERVATION AND EFFICIENT TREATMENT
    * GROUP AFFIRMS ITS MEDIUM-TERM TARGETS OF A 15% EBIT MARGIN
AND
SALES GROWTH MODESTLY ABOVE MARKET
    * EFFECTIVE DEC 31, 2021, GERHARD MAHRLE, SEASONED GROUP
CFO, WILL
STEP DOWN AS MEMBER OF COLTENE GROUP MANAGEMENT

Source text for Eikon:  ID:nEQ5HXbnLa 
Further company coverage:  CLTN.S 

 ((Reuters.Briefs@thomsonreuters.com;))