Brief: LEM Holding Q3 sales down at CHF 65.1 mln

Lem Holding SA

16/02/2017 05:59

Feb 16 (Reuters) - LEM Holding SA  LEHN.S : 
    * Q3 sales decreased by 3.0% to 65.1 million Swiss francs  
($64.88 million)(chf 67.2 million yr ago) 
    * Q3 net profit for the period decreased by 9.5% to 10.6 
million Swiss francs (chf 11.7 million yr ago) 
    * Q3 EBIT decreased by 10.2% to 14.1 million francs(chf 15.8 
million) 
    * Expects a stable business development for Q4 of 2016/17 
    * Confirms its sales forecasts of 260-270 million francs; 
this compares with 261.5 million francs for full-year 2015/16. 
The EBIT margin is expected to be above 20% 
    * Seasonality might influence sales in China (Chinese new 
year) 
 
Source text - http://bit.ly/2lNBzJn 
     
Further company coverage:  LEHN.S  
 
($1 = 1.0034 Swiss francs) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 722 0920;))