Brief: Lem Reports 9.5% Increase In Nine-Month Sales For 2022/23

Lem Holding SA

06/02/2023 06:08

Feb 6 (Reuters) - LEM HOLDING SA  LEHN.S :
    * LEM ANNOUNCES RESULTS FOR 9 MONTHS 2022/23: CONTINUED
SALES
GROWTH DESPITE CHALLENGING COVID SITUATION IN CHINA
    * 9M BOOKINGS DECREASED BY 17.1% TO CHF 362.2 MILLION (CHF
436.9
MILLION)
    * 9m NET PROFIT INCREASED TO CHF 55.3 MILLION (CHF 53.7
MILLION)
    * 9M SALES INCREASED BY 9.5% TO CHF 301.6 MILLION (CHF 275.5
MILLION); AT CONSTANT EXCHANGE RATES, SALES INCREASED BY 12.5%
    * 9M EBIT INCREASED BY 6.5% TO CHF 68.3 MILLION (CHF 64.2
MILLION); EBIT MARGIN DECREASED TO 22.7% (23.3%)
    * FOR FULL FINANCIAL YEAR 2022/23, COMPANY CURRENTLY EXPECTS
SALES
FROM CHF 390 TO 400 MILLION (CHF 373.4 MILLION FOR 2021/22),
WITH AN EBIT MARGIN ABOVE 20%
    * SEES GROWTH REMAINS RESTRAINED BY SHORTAGES, MOSTLY OF
SEMICONDUCTOR COMPONENTS

Further company coverage:  LEHN.S 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 587 696 600;))