Brief: Lem Holding H1 Sales Down 29.9% To CHF 156.5 Mln

Lem Holding SA

11/11/2024 06:04

Nov 11 (Reuters) - LEM HOLDING SA  LEHN.S :
    * LEM HOLDING SA - SALES DECLINED 29.9% TO CHF 156.5 MILLION
(H1
2023/24: CHF 223.3 MILLION)
    * LEM HOLDING SA - Q2 2024/25 SALES WERE DOWN 6.6% COMPARED
TO Q1
2024/25
    * LEM HOLDING SA - BOOKINGS DECREASED BY 9.7% COMPARED TO
PREVIOUS
YEAR'S LEVEL TO CHF 127.9 MILLION
    * LEM HOLDING SA - EBIT WAS DOWN BY 72.6% TO CHF 14.2
MILLION (CHF
51.7 MILLION)
    * LEM HOLDING SA - NET PROFIT FOR PERIOD FELL TO CHF 8.6
MILLION,
RESULTING IN A NET PROFIT MARGIN OF 5.5% (CHF 43.4 MILLION;
19.4%)
    * LEM HOLDING SA - EXPECTS BUSINESS ENVIRONMENT TO REMAIN
SUBDUED
    * LEM HOLDING SA - EXPECTS SALES IN RANGE OF CHF 290 TO 310
MILLION FOR FULL YEAR 2024/25
    * LEM HOLDING SA - EXPECTS HIGH SINGLE-DIGIT EBIT MARGIN FOR
FY

Source text:  ID:nEQ2jhxTDa 
Further company coverage:  LEHN.S 

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