Brief: Coltene Holding H1 Net Revenues Up 58.2% To CHF 135.4 Million

COLTENE Holding AG

30/07/2019 06:11

July 30 (Reuters) - Coltene Holding AG  CLTN.S :
    * H1 NET REVENUES IN SWISS FRANCS INCREASED SIGNIFICANTLY BY
58.2%
TO CHF 135.4 MILLION (H1 2018: CHF 85.6 MILLION)
    * H1 ORGANIC GROWTH IN LOCAL CURRENCIES SLOWED DOWN TO 1.4%
(H1
2018: 4.2%)
    * FOLLOWING MERGER OF MARKETING AND SALES ORGANIZATIONS,
SEES
MARKET SHARE GAINS AND AN ACCELERATION IN SALES GROWTH
    * OPERATING PROFIT AND NET PROFIT MARGINS TO FALL SHORT OF
YEAR-AGO LEVELS AS EXPECTED DUE TO INTEGRATION OF ACQUISITIONS

Source text for Eikon:  ID:nTENv6n5ya 
Further company coverage:  CLTN.S 

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