Brief: Emmi H1 Sales Up 6.6% To CHF 1.77 Billion

Emmi AG

26/08/2020 06:05

Aug 26 (Reuters) - Emmi AG  EMMN.S :
    * H1 INCREASED SALES BY 6.6 % TO CHF 1,773.5 MILLION
    * H1 GROSS PROFIT MARGIN DOWN FROM 36.4 % TO 36.1 % DUE TO
CORONAVIRUS
    * H1 SHARE OF MILK PROCESSED IN SWITZERLAND AND PRODUCED
ACCORDING
TO SWISSMILK GREEN SUSTAINABILITY STANDARD AT 87 %
    * EMMI IS PREPARING FOR A CONTINUED VOLATILE AND HIGHLY
COMPETITIVE ENVIRONMENT IN SECOND HALF OF 2020, BUT REMAINS
CAUTIOUSLY OPTIMISTIC ABOUT RESULT FOR FULL-YEAR

Source text for Eikon:  ID:nTENs6yria 
Further company coverage:  EMMN.S 

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