Brief: LEM Holding H1 net profit up 19.7% to CHF 26.5 mln

Lem Holding SA

09/11/2017 06:00

Nov 9 (Reuters) - LEM HOLDING SA  LEHN.S : 
    * FIRST-HALF EBIT INCREASED, FROM CHF 21.0 MILLION IN 
2016/17 TO 
CHF 25.9 MILLION IN 2017/18. 
    * FOR 2017/18, LEM FORECASTS SALES OF AROUND CHF 290 
MILLION 
COMPARED WITH CHF 264.5 MILLION FOR FULL-YEAR 2016/17 
    * LEM EXPECTS EBIT MARGIN TO REMAIN ABOVE 20% FOR FY 
2017/18 
    * H1 2017/18 BOOKINGS AMOUNTED TO CHF 156.8 MILLION, AN 
INCREASE 
OF 18.5% (CHF 132.3 MILLION) 
    * H1 SALES INCREASED BY 14.8% TO CHF 152.2 MILLION (CHF 
132.6 
MILLION 
    * H1 EBIT INCREASED BY 15.9% TO CHF 31.9 MILLION (CHF 27.5 
MILLION) 
    * H1 NET PROFIT FOR PERIOD ROSE BY 19.7% TO CHF 26.5 
MILLION (CHF 
22.1 MILLION) 
    * LEM'S BOARD OF DIRECTORS APPOINTS FRANK REHFELD AS 
IN-HOUSE 
SUCCESSOR TO CEO FRANÇOIS GABELLA 
 
Source text - http://bit.ly/2hgDmme 
Further company coverage:  LEHN.S  
 
 (Gdynia Newsroom) 
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