Brief: Feintool FY Loss At CHF 3.9 Million

Feintool International Holding AG

02/03/2021 06:40

March 2 (Reuters) - FEINTOOL INTERNATIONAL HOLDING AG
 FTON.S :
    * FY OPERATING PROFIT 3.0 MILLION CHF
    * FY LOSS -3.9 MILLION CHF
    * FY SALES FELL 22.2 PERCENT TO 492 MILLION CHF
    * WAS ABLE TO CLOSE OUT 2020 FINANCIAL YEAR WITH AN EBIT
SLIGHTLY
IN BLACK IN AMOUNT OF CHF 3.3 MILLION
    * FOR FULL YEAR, NET SALES DROPPED BY 22.2% TO CHF 492.0
MILLION;
EBIT MARGIN AMOUNTS TO 0.7%
    * GENERATED OPERATING PROFIT (EBIT) OF CHF 3.3 MILLION,
CORRESPONDING TO AN EBIT MARGIN OF 0.7%
    * FY CONSOLIDATED LOSS OF CHF 3.9 MILLION
    * REFRAIN FROM DISTRIBUTING A DIVIDEND FOR 2020 FINANCIAL
YEAR

Source text for Eikon:  ID:nGNE8TXfQL 
Further company coverage:  FTON.S 

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