Brief: Walter Meier and Tobler join forces to become Meier Tobler

Meier Tobler AG

24/11/2017 19:07

Nov 24 (Reuters) - Walter Meier AG  WMN.S  
    * walter Meier and Tobler join forces to become Meier 
Tobler 
    * Walter Meier is expecting sales to drop by around two 
percent in 
the 2017 financial year 
    * Anticipating lower EBITDA for FY than the previous year 
    * Should still be possible to achieve medium-term EBITDA 
target of 
CHF 60 million, albeit with a delay 
    * Board planning to carry on with stable distribution policy 
of 
CHF 2.00 per share for 2017 financial year. 
 
Further company coverage:  WMN.S  
 
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