Brief: HUBER+SUHNER H1 Net Income Up 32.2% At CHF 31.6 Million

Huber+suhner AG

21/08/2018 05:44

Aug 21 (Reuters) - HUBER+SUHNER AG  HUBN.S :
    * H1 ORDER INTAKE OF CHF 516.8 MILLION WAS UP 21.6 % ON THE
SAME
PERIOD IN THE PREVIOUS YEAR
    * H1 NET SALES UP 15.4 % TO CHF 474.0 MILLION
    * H1 EBIT OF CHF 44.3 MILLION, 35.1 % HIGHER THAN IN THE
PREVIOUS
YEAR
    * H1 NET INCOME ROSE BY 32.2 % TO CHF 31.6 MILLION
    * EXPECTS GROWTH IN NET SALES OF AT LEAST 10 % IN 2018
COMPARED TO
THE PREVIOUS YEAR, PROVIDED THAT THERE IS A COMPARABLE CURRENCY
SITUATION
    * EBIT MARGIN FOR 2018 AS A WHOLE SHOULD BE IN THE MIDDLE OF
THE
MEDIUM-TERM TARGET RANGE OF 8 – 10 %

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