Brief: Tornos H1 Net Income Up At 9.0 Million Francs

Tornos Holding AG

13/08/2019 05:50

Aug 13 (Reuters) - TORNOS HOLDING AG  TOHN.S :
    * IN THE FIRST HALF OF 2019, THE TORNOS GROUP ACHIEVED NET
SALES
OF CHF 117.2 MILLION (FIRST HALF OF 2018: CHF 104.0 MILLION,
+12.7%)
    * OPERATING RESULT (EBIT) FOR THE FIRST HALF OF 2019
AMOUNTED TO
CHF 8.9 MILLION (FIRST HALF OF 2018: CHF 5.5 MILLION, +62.0%)
    * H1 NET RESULT WAS CHF 9.0 MILLION (FIRST HALF OF 2018: CHF
5.5
MILLION, +65.5%)
    * IS EXPECTING PROFITABILITY FOR 2019 TO BE ON A PAR WITH
THE
PREVIOUS YEAR
    * UNCERTAINTY IN THE AUTOMOTIVE INDUSTRY WILL CONTINUE TO
HAVE A
NEGATIVE IMPACT ON ORDER INTAKE IN THE SECOND HALF OF THE YEAR

Source text for Eikon:  ID:nNDLNHJd8 
Further company coverage:  TOHN.S 

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