Brief: Comet FY Net Profit Up At CHF 27.7 Million

Comet Holding AG

18/03/2021 05:45

March 18 (Reuters) - COMET HOLDING AG  COTNE.S :
    * EQS-ADHOC: COMET GROUP PROVES ROBUST AND FLEXIBLE -
FULL-YEAR
2020 RESULTS EXCEED EXPECTATIONS
    * FY NET PROFIT ROSE 130.8% TO 27.7 MILLION CHF
    * FY SALES ROSE 6.5% TO 395.8 MILLION CHF
    * FY EBITDA MARGIN OF 14.8%, UP FROM 10.8% IN 2019
    * ‍PROPOSE A DIVIDEND OF CHF 1.30 PER SHARE (PRIOR YEAR: CHF
1.00)
    * OUTLOOK 2021: ‍EXPECTS NET SALES BETWEEN CHF 430 MLN AND
CHF 460
MLN AND AN EBITDA MARGIN BETWEEN 17% TO 19%

Source text for Eikon:  ID:nEQ8hhmHKa 
Further company coverage:  COTNE.S 

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