Brief: Feintool International Holding Reports Sales Of CHF 450.0 Million

Feintool International Holding AG

16/08/2023 05:33

Aug 16 (Reuters) - Feintool International Holding AG
 FTON.S :
    * FEINTOOL INTERNATIONAL HOLDING - SALES OF CHF 450.0
MILLION AND
A POSITIVE OPERATING RESULT (EBIT) OF CHF 12.2 MILLION (2.7%)
FROM JANUARY 1 TO JUNE 30, 2023
    * SLIGHTLY RAISES ITS SALES GUIDANCE TO CHF 850-900 MILLION
FOR
ENTIRE FISCAL YEAR
    * CONFIRMS ITS PROFITABILITY GUIDANCE (EBITDA MARGIN OF 10%
AND AN
EBIT MARGIN OF AROUND 3%) IN 2023

Source text for Eikon:  ID:nGNE66CLyT 
Further company coverage:  FTON.S 

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