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HUBN - Huber+Suhner AG News Story

CHF71.8 0.2  0.3%

Last Trade - 1:48pm

Sector
Technology
Size
Mid Cap
Market Cap £1.17bn
Enterprise Value £1.01bn
Revenue £697.4m
Position in Universe 326th / 1040

BRIEF-Huber+Suhner H1 EBIT Rose 7.8% To CHF 47.8 Mln

Tue 20th August, 2019 6:08am
Aug 20 (Reuters) - Huber+Suhner AG  HUBN.S :
    * H1 ORDER INTAKE AT CHF 448.7 MILLION VERSUS CHF 516.8 MILLION YEAR AGO
    * H1 NET SALES AT CHF 447.3 MILLION VERSUS CHF 474.0 MILLION YEAR AGO
    * H1  EBIT ROSE 7.8 % YEAR ON YEAR TO CHF 47.8 MILLION
    * H1 NET INCOME AT CHF 37.4 MILLION VERSUS CHF 31.6 MILLION YEAR AGO
    * EXPECTS A RATHER RESTRAINED DEVELOPMENT IN THE SECOND HALF OF THE YEAR
    * OUTLOOK 2019: SALES ARE CURRENTLY EXPECTED TO DECLINE BY A MID-SINGLE-DIGIT PERCENTAGE
YEAR ON
YEAR IN 2019
    * CONFIRMS ITS GUIDANCE FOR EBIT MARGIN FOR ENTIRE FY IN UPPER HALF OF THE MEDIUM-TERM
TARGET
RANGE OF 8 – 10 %

Source text - https://bit.ly/2TLgX2G
Further company coverage:  HUBN.S 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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