Brief: Rieter Holding FY Net Profit ‍At CHF 13.3 Million ​

Rieter Holding AG

13/03/2018 05:44

March 13 (Reuters) - RIETER HOLDING AG  RIEN.S :
    * ‍PROPOSED DIVIDEND OF CHF 5.00​
    * FY ‍SALES INCREASES BY 2% TO CHF 966 MILLION​
    * FY ‍ORDER BACKLOG RISES BY CHF 100 MILLION TO CHF 540
MILLION​
    * ‍AT CHF 13.3 MILLION (1.4% OF SALES), FY NET PROFIT IS
CONSIDERABLY LOWER THAN IN PREVIOUS YEAR ​
    * ‍EXPECTS SALES AND PROFITABILITY FOR 2018 TO BE ABOVE
LEVEL OF
2017 (BEFORE RESTRUCTURING CHARGES)​
    * ‍IN FIRST SEMESTER OF 2018, EBIT AND NET PROFIT FOR GROUP
ARE
EXPECTED AT LEVEL OF PREVIOUS PERIOD​

Source text for Eikon:  ID:nNDL4pC56G 
Further company coverage:  RIEN.S 

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