Brief: MCH Group H1 group profit without minorities down at CHF 26.5 mln

MCH AG

05/09/2017 05:52

Sept 5 (Reuters) - MCH GROUP AG  MCHN.S  
    * H1 CONSOLIDATED GROUP PROFIT (WITHOUT MINORITIES) CHF 
26.5 MILLION VERSUS 56.1 MILLION CHF YEAR AGO 
    * H1 OPERATING INCOME TOTALS CHF 305.6 MILLION, 9.4 % BELOW 
FIRST SIX MONTHS OF PREVIOUS YEAR 
    * H1 EBITDA IS CHF 63.7 MILLION AND APPROXIMATELY ONE THIRD 
BELOW FIGURE FOR PREVIOUS TWO YEARS 
    * IS EXPECTING A RESULT FOR 2017 THAT WILL BE AT LEAST 50 % 
BELOW THAT OF 2016 RESULT OF CHF 34.3 MILLION 
    * FOR 2018, MCH GROUP IS THUS EXPECTING A RESULT IN RANGE 
OF EXPECTED RESULT FOR 2017 
    * CONFIDENT OF ACHIEVING A POSITIVE DEVELOPMENT IN ITS 
RESULT AGAIN IN MEDIUM TERM THANKS TO A NUMBER OF NEW 
INITIATIVES 
 
Source text for Eikon:  ID:nNDL8fGwlR  
Further company coverage:  MCHN.S  
 
 (Gdynia Newsroom) 
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