Brief: Comet Holding AG Says Net Sales Of CHF 77.7 Million In Q3/23, Down 52.9% Year-On-Year

Comet Holding AG

19/10/2023 05:35

Oct 19 (Reuters) - Comet Holding Ag  COTNE.S :
    * COMET ADJUSTS FULL-YEAR GUIDANCE AFTER Q3 BELOW
EXPECTATIONS
    * NET SALES OF CHF 77.7 MILLION IN Q3/23, DOWN 52.9%
YEAR-ON-YEAR
    * SEES FY 2023 NET SALES BETWEEN CHF 380 MILLION AND CHF 400
MILLION
    * SEES FY 2023 EBITDA MARGIN BETWEEN 7.0% AND 9.0%
    * FULL-YEAR 2023 GUIDANCE ADJUSTED: NET SALES BETWEEN CHF
380
MILLION AND CHF 400 MILLION, EBITDA MARGIN BETWEEN 7.0% AND 9.0%
    * COMET STILL EXPECTS A SLIGHT RECOVERY IN Q4 FOLLOWED BY A
STRONGER REBOUND OF BUSINESS IN COURSE OF 2024

Source text for Eikon:  ID:nEQ1tNQBpa 
Further company coverage:  COTNE.S 

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