Brief: Schweiter Technologies reports H1 net revenue of CHF 485.6 mln

Schweiter Technologies AG

18/08/2017 05:00

Aug 18 (Reuters) - Schweiter Technologies AG  SWTQ.S  
    * Schweiter Technologies: growth in revenues and focus on 
core business 3A composites 
    * Schweiter Technologies - temporary increase in raw 
material costs,one-off effects led to a lower operating profit 
in H1 in comparative terms 
    * Schweiter Technologies - in H2, business is expected to 
continue to develop favourably, with  operating result at least 
on a par with first half 
    * H1 total net income CHF 129.5 million versus CHF 34.5 
million last year 
    * H1 net revenues CHF 485.6 million versus CHF 462.5 million 
in 2016 
    * Selective adjustment of selling prices should have a 
positive impact on profitability in second half of year 
 
Source text for Eikon:  ID:nGNE55K5Jc  
Further company coverage:  SWTQ.S  
 
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