Brief: LEM Holding Q1 Net Profit At CHF 20.5 Mln

Lem Holding SA

27/07/2023 06:03

July 27 (Reuters) - LEM HOLDING SA  LEHN.S :
    * LEM ANNOUNCES STRONG SALES BUT LOWER ORDERS IN Q1 2023/24
    * Q1 NET PROFIT 20.5 MILLION CHF
    * Q1 SALES 112.3 MILLION CHF
    * BOOKINGS DECREASED BY 48.8% TO CHF 81.0 MILLION
    * Q1 RESEARCH AND DEVELOPMENT INVESTMENTS OF CHF 8.3 MILLION
(CHF
8.5 MILLION), OR 7.4% OF SALES
    * Q1 EBIT INCREASED BY 34.3% TO CHF 26.2 MILLION (CHF 19.5
MILLION); EBIT MARGIN INCREASED TO 23.3% (21.5%)
    * Q1 NET PROFIT FOR PERIOD INCREASED TO CHF 20.5 MILLION
(CHF 14.7
MILLION)

Source text for Eikon:  ID:nEQ71Jy2Wa 
Further company coverage:  LEHN.S 

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