Brief: Schweiter Technologies Says HY Net Income was CHF 35.3 Mln

Schweiter Technologies AG

17/08/2020 05:04

Aug 17 (Reuters) - Schweiter Technologies AG  SWTQ.S :
    * HALF YEAR NET PROFIT 35.3 MILLION CHF
    * HY GROUP REVENUES DECLINED BY -9% VERSUS SAME PERIOD
PREVIOUS
YEAR TO CHF 559.5 MILLION
    * H1 2020 EBITDA CHF 67.9 MILLION
    * H1 OPERATING PROFIT (EBIT) ROSE BY 14% TO CHF 49.3 MILLION
    * GROUP ANTICIPATES AN UPTICK IN DEMAND IN THE BUSINESS
AREAS
DISPLAY, ARCHITECTURE, AND TRANSPORTATION
    * OPERATING CASH FLOW EXPANDED BY +64% TO CHF 56.5 MILLION
IN H1

Source text for Eikon:  ID:nGNE9f0YFN 
Further company coverage:  SWTQ.S 

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