Brief: Orior Group Generated Revenues Of CHF 596.4 Million In FY 2019

Orior AG

26/02/2020 05:11

Feb 26 (Reuters) - Orior AG  ORON.S :
    * ORIOR DELIVERS ON EXPECTATIONS AND DEMONSTRATES GOOD STABILITY THANKS TO BROADER
OPERATIONAL
FOOTPRINT
    * ORIOR GROUP GENERATED REVENUES OF CHF 596.4 MILLION IN 2019 FISCAL YEAR, WHICH CORRESPONDS
TO AN
INCREASE OF 3.4% FROM PREVIOUS YEAR
    * OUTLOOK FOR 2020 FISCAL YEAR POSITIVE
    * BOARD OF DIRECTORS WILL PROPOSE ANOTHER INCREASE IN DIVIDEND TO CHF 2.32 PER SHARE AT
ANNUAL
GENERAL MEETING ON 31 MARCH 2020
    * FY 2019 NET PROFIT SLIPPED 1.0% YEAR-ON-YEAR TO CHF 31.5 MILLION, DUE TO EXCHANGE RATE
MOVEMENTS
AND TAX EFFECTS
    * FY 2019 EBITDA INCREASED TO CHF 61.0 MILLION; MARGIN HELD AT GOOD LEVEL OF 10.2%

Source text for Eikon:  ID:nTENpsyr2a 
Further company coverage:  ORON.S 

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