Brief: Comet Group Says H1 Sales Rose 7.7% To 267.5 Million CHF

Comet Holding AG

28/07/2022 05:36

July 28 (Reuters) - Comet Holding AG  COTNE.S :
    * COMET GROUP ON PLAN FOR FULL YEAR GUIDANCE, SUCCESSFULLY
MANAGED
SUPPLY CHAIN IN THE FIRST HALF OF 2022
    * H1 SALES ROSE 7.7 PERCENT TO 267.5 MILLION CHF
    * UNDERLYING SEMICONDUCTOR AND ELECTRONICS MARKET
ENVIRONMENTS
REMAIN STRONG
    * FULL-YEAR 2022 GUIDANCE NARROWED: NET SALES OF CHF 580
MILLION
TO CHF 610 MILLION, EBITDA MARGIN OF 21.0% TO 23.0%
    * QTRLY EBITDA MARGIN OF 14.1%
    * SUPPLY CHAIN CHALLENGES AND GEOPOLITICAL UNCERTAINTIES
PERSIST
    * COMET - EXPECTS YEAR-OVER-YEAR IMPACT OF CHALLENGES TO
MODERATE
VIA AGREED COMMERCIAL NEGOTIATIONS WITH ITS CUSTOMERS THROUGHOUT
SECOND HALF OF 2022

Source text for Eikon:  ID:nEQ4b2WYYa 
Further company coverage:  COTNE.S 

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