Brief: MCH Group Sees Sales Losses Of CHF 130-170 Million in 2020

MCH AG

26/03/2020 05:52

March 26 (Reuters) - MCH Group AG  MCHN.S :
    * FY EBITDA IS CHF 22.1 MILLION AND CHF 18.1 MILLION ABOVE
THE
PREVIOUS YEAR (CHF 4.0 MILLION)
    * LOSS FOR THE YEAR PRIOR TO SPECIAL MEASURES AMOUNTS TO CHF
 3.2
MILLION (PREVIOUS YEAR CHF -17.6 MILLION)
    * FY OPERATING INCOME IN 2019 TOTALS CHF 445.2 MILLION AND
IS CHF
77.6 MILLION BELOW THE PREVIOUS YEAR
    * 2020. SALES LOSSES IN THE REGION OF CHF 130-170 MILLION
ARE
EXPECTED FOR THE GROUP
    * BOARD OF DIRECTORS HAS TAKEN THE DECISION TO HOLD THE
ORDINARY
GENERAL MEETING ON 24 APRIL 2020 IN THE FORM OF A VIRTUAL
MEETING

Source text: https://bit.ly/2xt6MZn
Further company coverage:  MCHN.S 

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