Brief: Rieter Holding Posts H1 EBIT Loss Of CHF 1.2 Mln

Rieter Holding AG

18/07/2019 08:12

July 18 (Reuters) - Rieter Holding AG  RIEN.S :
    * ORDER INTAKE IN THE FIRST HALF OF 2019 AMOUNTED TO CHF
378.3
MILLION, 26% BELOW THE PREVIOUS YEAR PERIOD
    * AT CHF 416.1 MILLION, H1 SALES WERE 19% DOWN ON THE
PREVIOUS
YEAR PERIOD
    * H1 OPERATING LOSS (EBIT) OF CHF -1.2 MILLION (FIRST HALF
YEAR
2018: CHF +14.1 MILLION)
    * H1 NET PROFIT WAS CHF -3.8 MILLION (FIRST HALF YEAR 2018:
CHF
+10.9 MILLION)
    * OUTLOOK UNCHANGED COMPARED TO SPRING 2019
    * FOR 2019, EXPECTS A SIGNIFICANT DECLINE IN SALES, EBIT AND
NET
PROFIT (BEFORE EXTRAORDINARY INCOME FROM THE SALE OF THE REAL
ESTATE IN INGOLSTADT)

    
 Source text - https://bit.ly/2JMXQAL
    
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