Brief: Feintool International Holding H1 sales up 4.3 pct to CHF 243.7 mln

Feintool International Holding AG

26/08/2015 06:00

Aug 26 (Reuters) - Feintool International Holding AG 
 FTON.S : 
    * H1 consolidated sales rose by 4.3 pct year-on-year to 
243.7 million Swiss francs ($258.10 million) 
    * H1 generated EBITDA of 28.3 million francs and an 
operating result (EBIT) of 14.6 million francs 
    * H1 net income for period under review came to 7.4 million 
francs 
    * Feintool expects a generally positive business performance 
in second half of year 
    * Based on current overall conditions, sales of around 500 
million francs and an EBIT margin of between six and seven 
percent seem realistic 
    * For medium term, company is reiterating its objective of 
lifting sales to 600 million francs and operating margin to 8 
pct 
 
Source text - http://bit.ly/1IeMGdA 
Further company coverage:  FTON.S  
 
($1 = 0.9442 Swiss francs) 
 
 (Gdynia Newsroom) 
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