Brief: Tornos Holding FY Net Result Turns To Profit Of CHF 8.2 Million

Tornos Holding AG

12/03/2018 05:37

March 12 (Reuters) - TORNOS HOLDING AG  TOHN.S :
    * THE BOARD OF DIRECTORS IS PROPOSING A DISTRIBUTION OF CHF
0.15
PER SHARE
    * AT CHF 178.8 MILLION, NET SALES FOR THE TORNOS GROUP FOR
2017
WERE 31.3% UP ON THE PREVIOUS YEAR
    * FY ORDER INTAKE AT CHF 207.0 MILLION WAS 55.1% HIGHER
    * AT CHF 9.5 MILLION, FY EBIT WAS CHF 12.5 MILLION HIGHER
THAN
YEAR AGO
    * FY NET RESULT CAME TO CHF 8.2 MILLION (2016: CHF -3.6
MILLION)
    * EXPECTING THE BUSINESS TO DO BETTER IN 2018 THAN IN THE
PREVIOUS
YEAR

Source text: http://bit.ly/2FHPPNE
Further company coverage:  TOHN.S 

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