Brief: Rieter Holding H1 Loss Of CHF 54.4 Million

Rieter Holding AG

16/07/2020 05:42

July 16 (Reuters) - Rieter Holding AG  RIEN.S :
    * H1 ORDER INTAKE OF CHF 250.7 MILLION DOWN 34% ON PREVIOUS
YEAR
    * H1 SALES OF CHF 254.9 MILLION 39% BELOW FIRST HALF OF 2019
    * H1 EBIT OF CHF -55.0 MILLION, BEFORE RESTRUCTURING CHARGES
OF
CHF -46.9 MILLION
    * STRONGER SECOND HALF OF 2020 EXPECTED
    * H1 LOSS OF CHF 54.4 MILLION AT THE NET PROFIT LEVEL

Source text: https://bit.ly/3j9BVEQ
Further company coverage:  RIEN.S 

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