Brief: SFS Group H1 EBITDA At CHF 217.1 Mln

SFS AG

26/08/2022 05:46

Aug 26 (Reuters) - SFS GROUP AG  SFSN.S :
    * SFS EXCEEDS ITS GROWTH TARGETS IN THE FIRST HALF OF 2022
    * AT CHF 1,223.6 MILLION, SALES IN FIRST HALF OF 2022 WERE
27.8%
UP ON LAST YEAR
    * H1 EBIT MARGIN ADJUSTED FOR ONE-OFF EFFECTS STOOD AT 14.7%
    * H1 NET SALES CHF 1,224.1 MILLION
    * H1 ADJUSTED EBIT AT CHF 179.5 MILLION
    * H1  EBIT AT CHF 162.9 MILLION
    * H1  EBITDA AT CHF 217.1 MILLION
    * H1  CASH FLOW FROM OPERATING ACTIVITIES AT CHF 62.5
MILLION
    * SFS EXPECTS SALES GROWTH TO REMAIN UNCHANGED AT 3–6% FOR 
THE
YEAR AS A WHOLE – BEFORE THE CONSOLIDATION OF HOFFMANN –  EVEN
THOUGH UNCERTAINTY HAS INCREASED IN THE COURSE OF THE  FINANCIAL
YEAR
    * SFS A SALES EFFECT OF CHF 720–770  MILLION IS EXPECTED FOR
THE
CURRENT FINANCIAL YEAR AS A RESULT  OF THE CONSOLIDATION OF
HOFFMANN (EIGHT MONTHS OF CONSOLIDATION IN 2022)
    * FOR SFS GROUP AS A WHOLE, INCLUDING HOFFMANN,  AN ADJUSTED
EBIT
MARGIN OF 12–15% IS EXPECTED DUE TO MIX  SHIFTS RESULTING FROM
THE ACQUISITION OF HOFFMANN

Source text for Eikon:  ID:nEQ8ZCVsTa 
Further company coverage:  SFSN.S 

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