Brief: Lem Holding Expects FY Sales In Range Of CHF 420 Mln To CHF 440 Mln

Lem Holding SA

10/11/2023 06:06

Nov 10 (Reuters) - LEM HOLDING SA  LEHN.S :
    * H1 OPERATING CASH FLOW AMOUNTED TO CHF 37.3 MILLION (CHF
36.8
MILLION)
    * FOR FULL FINANCIAL YEAR 2023/24 SALES IN RANGE OF CHF 420
TO 440
MILLION AND AN EBIT MARGIN ABOVE 20% ARE EXPECTED
    * CHINA WAS DOWN 16.9% YEAR-ON-YEAR DUE TO ECONOMIC
SLOWDOWN, AT
CONSTANT EXCHANGE RATES, DECLINE WAS ONLY 4.7%
    * ACHIEVED STRONGEST GROWTH IN EMEA REGION WITH 47.1%; REST
OF
ASIA REACHED 30.2% AND AMERICAS 5.6%

Further company coverage:  LEHN.S 

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