Brief: Kardex H1 revenue up 3.4 pct at 170.5 million euros

Kardex Holding AG

11/08/2016 05:31

Aug 11 (Reuters) - Kardex AG  KARN.S : 
    * H1 revenue of 170.5 million euros ($190.45 million) was 
only slightly higher by 3.4 pct than in same period in previous 
year 
    * In view of good order backlog, board of directors and 
group management expect group to continue developing positively 
in line with communicated financial targets 
    * At 18.0 million euros, H1 operating result (EBIT) equates 
to a 10.6 pct profit margin and is 2.3 million euros 
respectively 14.6 pct higher than in same period last year 
    * H1 net profit of 13.0 million euros is, however, still 5.7 
pct up on same period in previous year 
 
Source text for Eikon:  ID:nEQ1fjfSPa  
Further company coverage:  KARN.S  
 
($1 = 0.8953 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))