Brief: MCH Group FY group profit at CHF 34.3 mln

MCH AG

05/04/2017 05:51

April 5 (Reuters) - MCH Group AG  MCHN.S : 
    * FY operating income of 440.3 million Swiss francs ($439.38 
million) 
    * FY EBITDA of 89.0 million francs (20.2% of operating 
income), and an EBIT of 41.6 million francs (9.5%). The group 
profit is 34.3 million francs(7.8%). 
    * FY operating income was increased by 5.1% compared with 
2015 but is 2.6 % below the figure for the 2014 financial year 
    * FY EBITDA is 4.3 % and 1.6 % respectively above the 
previous two years, and the EBIT 3.7% above 2015 and 2.8% below 
2014 
    * FY group profit has risen compared with the previous two 
years by 11.0% and 1.5% respectively. 
    * Will submit a proposal to the general meeting on 26 April 
2017 for the payment of a dividend of 5%. 
    * In view of economic climate and weak exhibition schedule, 
a result considerably below that of previous years thus has to 
be expected for current 2017 business year 
 
Source text - http://bit.ly/2oYqfYu 
     
Further company coverage:  MCHN.S  
 
($1 = 1.0021 Swiss francs) 
 
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