Brief: Lem Holding FY Sales Declined 24.4% To CHF 306.9 Million
27/05/2025 05:51
May 27 (Reuters) - LEM HOLDING LEHN.S: REPORTS FINANCIAL YEAR 2024/25 IN LINE WITH GUIDANCE IN A CHALLENGING ENVIRONMENT, BUT WITH ENCOURAGING SIGNS OF RECOVERY IN THE SECOND HALF AND STRONG REBOUND IN CHINA AND AUTOMOTIVE BOOKINGS SALES DECLINED 24.4% TO CHF 306.9 MILLION (2023/24: CHF 405.8 MILLION); AT CONSTANT EXCHANGE RATES, THE DECREASE WAS 23.5% Q4 2024/25 SALES WERE UP 2.3% COMPARED TO Q3 2024/25 AT CHF 262.2 MILLION, BOOKINGS WERE 7.8% ABOVE THE PREVIOUS YEAR'S LEVEL (CHF 243.3 MILLION) GROSS PROFIT MARGIN DECREASED ONLY SLIGHTLY FROM 46.6% TO 43.2% EBIT DECLINED BY 76.7% TO CHF 18.9 MILLION (CHF 81.1 MILLION); THE EBIT MARGIN AMOUNTED TO 6.1% FREE CASH FLOW AMOUNTED TO CHF 14.0 MILLION (CHF 42.8 MILLION) BOARD OF DIRECTORS PROPOSES NOT TO PAY A DIVIDEND FOR THE 2024/25 FINANCIAL YEAR SEES ENCOURAGING SIGNS OF A STABILIZATION IN THE CURRENT YEAR Further company coverage: LEHN.S (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))