Brief: Mobilezone Holding H1 Net Profit Down At CHF 7.0 Million

Mobilezone Holding AG

21/08/2020 05:49

Aug 21 (Reuters) - Mobilezone Holding AG  MOZN.S :
    * IN FIRST SIX MONTHS, MOBILEZONE INCREASED ITS REVENUE BY
CHF 29
MILLION TO CHF 597 MILLION.
    * H1 EBIT OF CHF 9 MILLION AND NET PROFIT OF CHF 7 MILLION
ARE
SLIGHTLY ABOVE EXPECTATIONS COMMUNICATED IN MAY 2020
    * H1 NET PROFIT OF CHF 7.0 MILLION (PREVIOUS YEAR: CHF 17.1
MILLION).
    * FOR FISCAL YEAR 2021, WE PROJECT EBIT OF CHF 61 TO 66
MILLION.
    * BY 2023, WE WILL CONVERT ALL POINTS OF SALE IN SWITZERLAND
TO
CURRENT SHOP LAYOUT. WE CONFIRM ADJUSTED EBIT TARGET OF CHF 38
TO 43 MILLION

Source text for Eikon:  ID:nTEN7l2lxa 
Further company coverage:  MOZN.S 

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