Brief: Lem Holding FY EBIT Down At CHF 58.3 Mln

Lem Holding SA

19/05/2020 06:19

May 19 (Reuters) - LEM HOLDING SA  LEHN.S :
    * FY SALES DECREASED BY 4.2% TO CHF 307.9 MILLION (CHF 321.6
MILLION)
    * FY RESEARCH AND DEVELOPMENT UP BY 1.7% TO CHF 28.0 MILLION
(CHF
27.6 MILLION), OR 9.1% OF SALES,
    * FY EBIT DECREASED BY 10.0% TO CHF 58.3 MILLION (CHF 64.8
MILLION)
    * FY NET PROFIT FOR PERIOD UP BY 15.9% AT CHF 60.7 MILLION
(CHF
52.4 MILLION)
    * DIVIDEND REDUCED TO CHF 40 PER SHARE (CHF 42 FOR 2018/19)
    * NO REAL VISIBILITY OF COVID-19 PANDEMIC ON IMPACT TO
BUSINESS
UNTIL Q2 OF OUR FINANCIAL YEAR 2020/21

Source text for Eikon:  ID:nTEN869fca 
Further company coverage:  LEHN.S 

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