Brief: Crealogix Holding H1 EBIT swings to loss of CHF 6.8 mln

Crealogix Holding AG

18/03/2015 05:30

March 18 (Reuters) - Crealogix Holding AG  CLXN.S : 
    * In first half of 2014/2015 financial year, generated sales 
of 23.9 million Swiss francs ($24 million)  
    * H1 sales of 23.9 million francs, translates to growth of 
1.2 percent compared to prior-year period (23.7 million francs) 
    * H1 operating loss (EBIT) amounted to 6.8 million Swiss 
francs (first half 2013/2014: profit  EBIT  1.1 million francs) 
    * This resulted in generating in H1 a consolidated loss of 
5.2 million Swiss francs compared to a consolidated profit of 
0.7 million Swiss francs in first half of 2013/2014 
    * As highlighted in previous year, sales in second half-year 
will not yet improve, especially given strong swiss franc. 
    * Anticipates sales growth of 10 per cent or more starting 
in 2015/2016 financial year and aim to return to a balanced 
result 
    * Starting in 2016/2017 financial year, expects improving 
profitability in addition to further growth in sales 
 
     
Source text for Eikon:  ID:nTEN0pv1la  
Further company coverage:  CLXN.S  
 
($1 = 1.0056 Swiss francs) 
 
 (Gdynia Newsroom) 
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