Brief: Orell Fuessli FY EBIT Down At CHF 19.7 Mln

Orell Fuessli AG

16/03/2020 06:19

March 16 (Reuters) - ORELL FUESSLI HOLDING AG  OFN.S :
    * TO PROPOSE DIVIDEND OF CHF 6.00 PER SHARE
    * FY NET SALES OF CHF 237.4 MILLION (PREVIOUS YEAR CHF 264.9
MILLION)
    * FY EBIT AT CHF 19.7 MILLION (PREVIOUS YEAR CHF 20.1
MILLION)
    * ANNUAL RESULT AMOUNTS TO CHF 10.9 MILLION (PREVIOUS YEAR
CHF
-47.2 MILLION)
    * WILL BE ABLE TO CONTINUE ITS POSITIVE DEVELOPMENT IN 2020
    * OUTLOOK 2020: EXPECTS NET SALES TO BE SLIGHTLY BELOW 2019
AND AN
EBIT MARGIN IN THE MEDIUM SINGLE-DIGIT RANGE

Source text: https://bit.ly/3b1XKkW
Further company coverage:  OFN.S 

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