Brief: Coltene Holding FY 2014 net profit of CHF 15.6 mln, up 18.5 pct

COLTENE Holding AG

04/03/2015 05:30

March 4 (Reuters) - Coltene Holding AG  CLTN.S : 
    * FY 2014 sales of 162.3 million Swiss francs ($168.78 
million), up 1.5 pct, 3.0 pct in local currencies 
    * FY 2014 EBIT of 22.4 million francs, plus 15.2 pct; EBIT 
margin widens to 13.8 pct 
    * FY 2014 net profit of 15.6 million francs, plus 18.5 pct 
    * Expects moderate 2 pct to 4 pct growth for overall market 
over medium term, driven by new products 
    * Management remains committed to its goal of gradually 
raising consolidated EBIT margin to 15 pct of net sales 
 
Source text for Eikon:  ID:nTEN617n0a  
Further company coverage:  CLTN.S  
 
($1 = 0.9616 Swiss francs) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))