Brief: Orior AG Says HY Revenues Increased 2.8% To CHF 287.4 Mln

Orior AG

19/08/2020 05:08

Aug 19 (Reuters) - Orior AG  ORON.S :
    * HY REVENUES INCREASED 2.8% TO CHF 287.4 MILLION
    * HY EBITDA DECLINED BY CHF 4.9 MILLION TO CHF 23.5 MILLION
    * HY NET PROFIT DECLINED BY CHF 5.7 MILLION TO CHF 8.3
MILLION
    * WE EXPECT CASUALFOOD TO HAVE AT LEAST HALF OF ITS OUTLETS
UP AND
RUNNING AGAIN BY END OF 2020
    * SEE CLEAR IMPROVEMENT IN GROUP OPERATING PROFIT (EBITDA
MARGIN)
IN H2 COMPARED TO FIRST HALF OF 2020

Source text for Eikon: [ID: nTENu8ubia]
Further company coverage:  ORON.S 

 ((Reuters.Briefs@thomsonreuters.com;))