Brief: Huber+Suhner FY Net Income At CHF 42.1 Million

Huber+suhner AG

13/03/2018 05:56

March 13 (Reuters) - HUBER+SUHNER AG  HUBN.S :
    * FY OVERALL ORDER INTAKE INCREASED BY 10.7 % TO CHF 826.3
MILLION‍​
    * FY NET SALES ACROSS ALL OF THE TECHNOLOGY SEGMENTS GREW BY
5.0 %
TO CHF 774.0 MILLION
    * FY EBIT MARGIN DECLINED BY 2.0 PERCENTAGE POINTS TO 7.5 %
    * FY NET INCOME FELL FROM CHF 53.2 MILLION IN THE PREVIOUS
YEAR TO
CHF 42.1 MILLION
    * PROPOSES TO THE ANNUAL GENERAL MEETING A PAYOUT OF CHF
1.10 PER
SHARE‍​
    * HAS STARTED THE 2018 FINANCIAL YEAR ON A POSITIVE NOTE
    * HUBER+SUHNER -   EXPECTS TO REMAIN ON GROWTH PATH AND EBIT
MARGIN IN CURRENT YEAR TO RETURN TO MEDIUM-TERM TARGET RANGE OF
8–10 %

Source text for Eikon:  ID:nNDL1BkC3s 
Further company coverage:  HUBN.S 

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