Brief: Lem Holding H1 EBIT up at CHF 27.5 million
10/11/2016 05:58
Nov 10 (Reuters) - Lem Holding SA LEHN.S :
* H1 EBIT increased by 10.6% to 27.5 million Swiss francs
($27.97 million)(24.9 million Swiss francs yr ago); the EBIT
margin increased to 20.7% (18.9%)
* H1 sales increased by 0.8% to 132.6 million Swiss francs
(131.6 million francs yr ago); at constant exchange rates sales
decreased by 0.8%
* H1 net profit for the period rose by 11.6% to 22.1 million
Swiss francs (19.8 million francs yr ago)
* For the full financial year 2016/17, management forecasts
sales of 260-270 million Swiss francs; this compares with 261.5
million Swiss francs for full-year 2015/16. The EBIT margin is
expected to be around 20%
* For remainder of the year, forecasts a stable economic
situation in most regions translating in a steady development of
Lem's industry businesses.
Source text - http://bit.ly/2fzFROS
Further company coverage: LEHN.S
($1 = 0.9831 Swiss francs)
(Gdynia Newsroom)
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