Brief: LEM Holding 9-Month Sales Down At To CHF 218.2 Million

Lem Holding SA

04/02/2021 06:06

Feb 4 (Reuters) - LEM HOLDING SA  LEHN.S :
    * 9-MONTH SALES DECREASED BY 7.5% TO CHF 218.2 MILLION (CHF
235.8
MILLION)
    * 9-MONTH NET PROFIT FOR PERIOD WAS DOWN BY 30.7% AT CHF
36.0
MILLION (CHF 52.0 MILLION)
    * 9-MONTH EBIT WAS CHF 43.6 MILLION, DECREASING BY 6.0% (CHF
46.4
MILLION); HOWEVER, EBIT MARGIN IMPROVED SLIGHTLY TO 20.0%
(19.7%)
    * OUTLOOK 2021: EXPECTS SALES TO DECLINE BY ABOUT 6% IN
REPORTED
SWISS FRANCS TO AROUND CHF 290 MILLION (CHF 307.9 MILLION FOR
2019/20). LEM ANTICIPATES AN EBIT MARGIN CLOSE TO 20%

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

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