Brief: Huber+Suhner FY Group Net Sales Up By 14.3% At CHF 885.0 Mln

Huber+suhner AG

19/03/2019 06:16

March 19 (Reuters) - Huber+Suhner AG  HUBN.S :
    * FY NET SALES AT GROUP LEVEL GREW BY 14.3 % TO CHF 885.0 MILLION
    * FY ORDER INTAKE AT GROUP LEVEL ONCE AGAIN ROSE BY A DOUBLE-DIGIT 10.8 % TO CHF 915.2
MILLION
    * FY NET INCOME INCREASED TO CHF 61.4 MILLION (PY CHF 42.1 MILLION)
    * PROPOSES PAYOUT OF CHF 2.50 PER SHARE (ORDINARY DIVIDEND OF CHF 1.50 AND ANNIVERSARY
DIVIDEND OF
CHF 1.00 PER SHARE)
    * FOR THE CURRENT FINANCIAL YEAR, THE GROUP EXPECTS NET SALES AT THE LEVEL OF 2018
    * 2019 EBIT MARGIN IS EXPECTED TO BE IN THE UPPER HALF OF THE MEDIUM-TERM EBIT TARGET RANGE
OF
8–10 %

Source text - https://bit.ly/2FkXFM6
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