Brief: Coltene Holding FY Sales From Acquisitions Amounted To CHF 30.4 Mln

COLTENE Holding AG

15/02/2019 06:11

Feb 15 (Reuters) - Coltene Holding AG  CLTN.S :
    * ITS NET SALES BY 21.4% TO CHF 204.0 MILLION IN 2018 FISCAL YEAR (2017: CHF 168.0 MILLION)
    * SALES FROM ACQUISITIONS (KENDA, SCICAN AND MICRO-MEGA) AMOUNTED TO CHF 30.4 MILLION AND
ACCOUNTED FOR 18.1% OF REPORTED GROWTH
    * CURRENCY TRANSLATION HAD A SLIGHTLY POSITIVE EFFECT AND ADDED 0.6% TO REPORTED SALES
GROWTH
    * ORGANIC SALES IN LOCAL CURRENCIES OF COLTENE GROUP'S PRE-ACQUISITION BUSINESS GREW 2.7%,
AT
UPPER END OF ESTIMATED 2-3% GROWTH OF UNDERLYING MARKET

Source text for Eikon:  ID:nTENxo87ha 
Further company coverage:  CLTN.S 

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