Brief: Meier Tobler FY Net Loss Turns To Profit Of CHF 1.3 Mln

Meier Tobler AG

25/02/2020 06:11

Feb 25 (Reuters) - MEIER TOBLER GROUP AG  METG.S :
    * FY EBITDA OF CONTINUING OPERATIONS REACHED CHF 27.4
MILLION 
(PREVIOUS YEAR CHF 29.3 MILLION)
    * FY NET PROFIT FROM CONTINUING OPERATIONS CHF 1.3 MILLION
(PREVIOUS YEAR CHF -3.7 MILLION)
    * FY SALES OF CONTINUING OPERATIONS 5.3 PERCENT BELOW
PREVIOUS
YEAR
    * FY NET SALES OF CHF 496.1 MILLION
    * OUTLOOK 2020: SALES IN THE TRADE AND SERVICE BUSINESS ARE
EXPECTED TO REMAIN STABLE
    * CEO, MARTIN KAUFMANN TO RESIGN
    * UNTIL ROGER BASLER JOINS ON 1 SEPTEMBER 2020 MARTIN
KAUFMANN
WILL CONTINUE TO ASSUME OVERALL EXECUTIVE RESPONSIBILITY UNTIL
THE END OF 2020

Source text for Eikon:  ID:nEQ7J5lMfa 
Further company coverage:  METG.S 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;;))