Brief: Rieter Holding H1 Net Profit At CHF 10.9 Mln

Rieter Holding AG

19/07/2018 05:44

July 19 (Reuters) - RIETER HOLDING AG  RIEN.S :
    * H1 SALES INCREASES BY 24% COMPARED TO PREVIOUS YEAR PERIOD
    * ORDER INTAKE IN FIRST HALF OF 2018 GROWS BY 3% COMPARED TO
FIRST
HALF OF 2017
    * H1 EBIT OF CHF 14.1 MILLION AND NET PROFIT OF CHF 10.9
MILLION
    * H1 SALES INCREASED TO CHF 515.3 MILLION VERSUS FIRST HALF
YEAR
2017: CHF 415.2 MILLION
    * ANTICIPATES A STRONGER SECOND SEMESTER IN BOTH SALES AND
OPERATING PROFIT (EBIT)
    * FOR 2018 AS A WHOLE, RIETER EXPECTS SALES TO BE ABOVE
LEVEL OF
2017
    * OUTLOOK 2018: EBIT (BEFORE RESTRUCTURING CHARGES) IS
EXPECTED TO
BE BELOW PREVIOUS YEAR'S LEVEL

Source text for Eikon:  ID:nNDL3KcY2C 
Further company coverage:  RIEN.S 

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