Brief: Schweiter Technologies FY net income up 41 pct at CHF 70.6 million

Schweiter Technologies AG

13/03/2017 05:00

March 13 (Reuters) - Schweiter Technologies AG  SWTQ.S : 
    * Double-digit growth in revenues and  profit - sales exceed 
one billion Swiss francs for the first time 
    * FY net revenues rose to 1,003.4 million Swiss francs 
($995.8 million) (2015: 915.4 million Swiss francs), an increase 
of 10 pct (+8 pct in local currencies) 
    * FY EBITDA rose 36 pct to 125.0 million francs (2015: 92.1 
million francs) 
    * FY EBIT was 48 pct higher at 97.2 million francs (2015: 
65.9 million francs), while net income increased by 41 pct to 
70.6 million francs (2015: 50.1 million francs) 
    * An unchanged distribution of 40 francs per bearer share 
will be proposed at the Annual General Meeting on 25 April 2017 
 
Source text for Eikon:  ID:nGNE6pRCnc  
Further company coverage:  SWTQ.S  
 
($1 = 1.0076 Swiss francs) 
 
 (Gdynia Newsroom) 
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