Brief: Mikron FY EBIT Up At CHF 14.1 Mln

Mikron Holding AG

16/03/2020 06:10

March 16 (Reuters) - MIKRON HOLDING AG  MIKN.S :
    * FY EBIT AT CHF 14.1 MILLION (PRIOR YEAR: CHF 13.9 MILLION,
+1.4%), GROUP ACHIEVED AN EBIT MARGIN OF 4.3% (2018: 4.4%).
    * FY SALES OF CHF 327.6 MILLION (PRIOR YEAR: 314.7 MILLION,
+4.1%)
    * OUTLOOK IS CURRENTLY VERY DIFFICULT, NOT ONLY FOR ORDER
INTAKE,
BUT ALSO FOR SALES AND PROFITABILITY IN 2020
    * LOWER CAPACITY UTILIZATION AT MIKRON MACHINING SOLUTIONS
AND
NECESSARY ADJUSTMENTS WILL HAVE A SIGNIFICANT IMPACT ON MIKRON'S
RESULTS IN 2020
    * TO PROPOSE A DISTRIBUTION FROM CAPITAL CONTRIBUTION
RESERVES OF
CHF 0.03 PER SHARE AND A DIVIDEND OF CHF 0.03 PER SHARE
    * EFFECTS OF CORONAVIRUS CANNOT YET BE ESTIMATED

Source text for Eikon:  ID:nTEN4bxh8a 
Further company coverage:  MIKN.S 

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