Brief: Orell Füssli FY Net Profit CHF 15.0 Million

Orell Fuessli AG

17/03/2021 06:00

March 17 (Reuters) - ORELL FUESSLI HOLDING AG  OFN.S :
    * ROBUST BUSINESS MODEL CONFIRMED IN A DIFFICULT ENVIRONMENT
    * DIVIDEND OF CHF 3.00 PER SHARE PROPOSED
    * REPORTED NET SALES OF CHF 218.6 MILLION IN 2020 FINANCIAL
YEAR,
8% LOWER THAN IN PREVIOUS YEAR.
    * EBIT) AMOUNTED TO CHF 14.4 MILLION IN 2020, EQUIVALENT TO
A
MARGIN OF 6.6%
    * NET PROFIT FOR 2020 FINANCIAL YEAR WAS CHF 15.0 MILLION.
    * FOR ENTIRE ORELL FÜSSLI GROUP, COMPANY THEREFORE EXPECTS
FOR
2021 SLIGHTLY REDUCED NET SALES AND AN EBIT MARGIN REMAINING IN
MID-SINGLE-DIGIT RANGE

Source text for Eikon:  ID:nEQ44zyQBa 
Further company coverage:  OFN.S 

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