Brief: Huber+Suhner H1 Operating Profit At CHF 25.1 Mln

Huber+suhner AG

18/08/2020 05:58

Aug 18 (Reuters) - HUBER+SUHNER AG  HUBN.S :
    * H1 OPERATING PROFIT OF CHF 25.1 MILLION (PRIOR-YEAR PERIOD
CHF
47.8 MILLION)
    * H1 ORDER INTAKE AT CHF 396.7 MILLION, 11.6 % BELOW THE
FIGURE
FOR THE PRIOR-YEAR PERIOD
    * H1 NET SALES OF CHF 376.7 MILLION, A DECLINE OF 15.8 %,
VERSUS
PRIOR-YEAR PERIOD (CHF 447.3 MILLION)
    * EXPECTS THE EBIT MARGIN FOR THE FULL YEAR TO REMAIN AT
LEAST AT
THE SAME LEVEL AS IN THE REPORTING PERIOD
    * EXPECTS SALES IN THE SECOND HALF OF THE YEAR TO BE OF A
SIMILAR
MAGNITUDE AS IN THE FIRST HALF

Source text - https://bit.ly/2Q2yUZv
Further company coverage:  HUBN.S 

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