Brief: Meier Tobler H1 Group Result Turns Positive

Meier Tobler AG

20/08/2019 06:09

Aug 20 (Reuters) - Meier Tobler Group AG  METG.S :
    * H1 EBITDA IN THE CONTINUED BUSINESS UP 14.4 PERCENT TO CHF 11.8 MILLION
    * H1 REVENUE CHF 241.9 MILLION VERSUS CHF 254.1 MILLION YEAR AGO
    * OUTLOOK: SALES STABILIZATION AND POSITIVE GROUP RESULT FOR 2019 AS A WHOLE
    * OUTLOOK 2019: DESPITE THE SPECIAL EFFECTS EXPECTS A POSITIVE CONSOLIDATED RESULT FOR THE
ENTIRE
2019 FINANCIAL YEAR
    * H1 EBIT FOR THE REPORTING PERIOD WAS CHF 5.6 MILLION (FIRST HALF OF 2018: CHF -0.7
MILLION)
    * H1 GROUP RESULT OF CHF 0.3 MILLION. FROM (FIRST HALF OF 2018: CHF -7.3 MILLION)
    * ASSUMES THAT PERCENTAGE DECLINE IN SALES IN H2 WILL NOT BE SIGNIFICANTLY HIGHER THAN IN H1

Source text for Eikon:  ID:nEQc6j0WPa 
Further company coverage:  METG.S 

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