Brief: Coltene Holding FY sales up at CHF 160.7 mln

COLTENE Holding AG

09/03/2017 05:50

March 9(Reuters) - Coltene Holding AG   CLTN.S : 
    * Says FY sales of 160.7 million Swiss francs ($158.22 
million), plus 4.0%; positive currency effect of 2.7 million 
francs or 1.8%  
    * FY operating profit (EBIT) of 23.3 million Swiss francs; 
EBIT margin widens to 14.5%  
    * FY net profit amounts to 17.3 million francs, +29.5%  
    * Will propose a dividend of 2.70 francs per share at the 
Annual General Meeting on March 29 (previous year: 2.20 francs). 
    * Aims to grow in step with the underlying market and 
gradually increase the EBIT margin to 15% during the coming 
years 
 
     
 Source text - http://bit.ly/2mlwOUM 
     
 Further company coverage:  CLTN.S   
    
 
 
 
($1 = 1.0157 Swiss francs) 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))