Brief: Elma Electronic FY Net Sales Up At CHF 151.2 Million

Elma Electronic AG

25/02/2020 05:50

Feb 25 (Reuters) - ELMA ELECTRONIC AG  ELMN.S :
    * ORDER INCOME INCREASED BY 7% TO CHF 159.0 MILLION
    * 2019 NET SALES GREW BY 3.5% TO CHF 151.2 MILLION
    * 2019 EBIT OF CHF 6.4 MILLION (PREVIOUS YEAR: CHF 7.2
MILLION)
AND NET PROFIT OF CHF 5.1 MILLION (PREVIOUS YEAR: CHF 5.6
MILLION)
    * WILL PROPOSE TO FOREGO A DIVIDEND PAYMENT FOR THE 2019
BUSINESS
YEAR
    * DUE TO UNCERTAINTIES CAUSED BY CORONA VIRUS AND EFFECTS ON
GLOBAL ECONOMY, ELMA REFRAINS FROM PROVIDING OUTLOOK

Further company coverage:  ELMN.S 

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