Brief: SFS Group FY Consolidated Net Profit Up At CHF 206.5 Mln

SFS AG

06/03/2020 05:48

March 6(Reuters) - SFS Group  SFSN.S :
    * FY SALES GREW BY 2.5% TO CHF 1,781.4 MILLION
    * FY CONSOLIDATED NET PROFIT ROSE BY 6.5% TO CHF 206.5
MILLION
    * TO PROPOSE DIVIDEND OF CHF 2.10 PER SHARE (PREVIOUS YEAR:
CHF
2.00)
    * FOR 2020 EXPECTS 0–2% INCREASE IN SALES IN LOCAL
CURRENCIES AND
INCLUDING CHANGES IN SCOPE OF CONSOLIDATION
    * AMID CHALLENGING ENVIRONMENT, SFS EXPECTS THE EBIT MARGIN
FOR
THE 2020 FINANCIAL YEAR TO RANGE BETWEEN 12–14%
    * IT IS STILL TOO EARLY TO PROVIDE ACCURATE ASSESSMENT OF
FULL
IMPACT OF COVID-19 VIRUS

    
 Source text: https://bit.ly/2TGb878
    
 Further company coverage:  SFSN.S  
   


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