Brief: MCH FY EBITDA Down At CHF -45.1 Million

MCH AG

25/03/2021 05:50

March 25 (Reuters) - MCH GROUP AG  MCHN.S :
    * FY SALES OF CHF 188 MILLION
    * GOAL IS TO RETURN TO THE 2019 LEVEL IN 2022
    * FY OPERATING INCOME OF CHF 188.0 MILLION
    * FY GROUP’S EBITDA AMOUNTS TO CHF -45.1 MILLION (PREVIOUS
YEAR
CHF 22.1 MILLION)
    * FY EBIT IS CHF -66.1 MILLION (PREVIOUS YEAR CHF -2.7
MILLION)
    * FY LOSS FOR THE YEAR AMOUNTS TO CHF -72.2 MILLION
(PREVIOUS YEAR
CHF -9.9 MILLION)
    * CANNOT BE EXPECTED TO IMPROVE UNTIL THE SECOND HALF OF
2021
    * OUTLOOK: RETURN TO NORMAL IN 2022
    * OUTLOOK 2021: EXPECTS ANOTHER SUBSTANTIAL LOSS

Source text - https://bit.ly/3d3jYp3
Further company coverage:  MCHN.S 

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