Brief: LEM 9-Month EBIT Down At CHF 46.4 Million

Lem Holding SA

31/01/2020 06:01

Jan 31 (Reuters) - LEM HOLDING SA  LEHN.S :
    * 9M EBIT DECREASED BY 8.6% TO CHF 46.4 MILLION (CHF 50.8
MILLION); EBIT MARGIN DECLINED TO 19.7% (20.7%)
    * 9MTHSALES DECREASED BY 3.8% TO CHF 235.8 MILLION (CHF
245.1
MILLION)
    * 9M NET PROFIT FOR PERIOD WAS UP BY 33.5% AT CHF 52.0
MILLION
(CHF 39.0 MILLION)
    * CONFIRM OUR EXPECTATION FOR SECOND HALF OF 2019/20 TO BE
IN LINE
WITH OUR SALES PERFORMANCE IN SAME PERIOD OF LAST YEAR
    * THERE MAY BE SOME IMPACT IN Q4 DUE TO CORONAVIRUS
    * FOR FULL FINANCIAL YEAR 2019/20, COMPANY REITERATES ITS
GUIDANCE
FOR SALES
    * FOR FULL FINANCIAL YEAR 2019/20, COMPANY REITERATES ITS
GUIDANCE
FOR UNDERLYING EBIT MARGIN

Source text for Eikon:  ID:nTENx93wxa 
Further company coverage:  LEHN.S 

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