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STRN — Schlatter Industries AG News Story

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Brief: Schlatter Group FY EBIT Up At CHF 3.8 Mln

March 19 (Reuters) - Schlatter Industries AG  STRN.S :
    * FY net sales grow by 10.2 percent to CHF 111.5 million
(2017:
CHF 101.1 million)
    * FY order intake of CHF 114.2 million: 20.7 percent more
than in
the previous year (2017: CHF 94.6 million)
    * As at 31.12.2018 the order backlog stood at CHF 45.2
million
(31.12.2017: CHF 42.5 million)
    * FY positive operating result (EBIT) of CHF 3.8 million for
the
reporting period (2017: CHF 2.5 million)
    * FY consolidated net result of CHF 3.7 million (2017: CHF
2.9
million)
    * For the current financial year the Board of Directors and
Group
Management are targeting group earnings above those of the
previous year
    * To recommend to the Annual General Meeting on May 14,
2019, that
the company should not make a dividend payment for the 2018
financial year

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nTENn7suea
    
 Further company coverage:  STRN.S  
   


 (Gdynia Newsroom)
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))

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