Brief: Tornos Holding H1 Net Result Up At CHF 5.5 Million

Tornos Holding AG

14/08/2018 05:38

Aug 14 (Reuters) - Tornos Holding AG  TOHN.S :
    * FURTHER IMPROVEMENT IN RESULTS EXPECTED IN SECOND HALF OF
YEAR
    * AT END OF JUNE 2018, ORDER BACKLOG STOOD AT AN ALL-TIME
HIGH OF
CHF 93.3 MILLION.
    * H1 GENERATED NET SALES OF CHF 104.0 MILLION (H1 2017: CHF
82.1
MILLION, +26.7%)
    * H1 ORDER INTAKE OF CHF 128.5 MILLION (H1 2017: CHF 103.2
MILLION, +24.5%).
    * H1 EBIT FOR FIRST HALF OF 2018 CAME TO CHF 5.5 MILLION (H1
2017:
CHF 1.7 MILLION, +228%)
    * H1 NET RESULT TO CHF 5.5 MILLION (H1 2017: CHF 0.3
MILLION)
    * EXPECTS TO SEE A FURTHER YEAR-ON-YEAR IMPROVEMENT IN EBIT
AND
NET RESULT IN 2018.

Source text for Eikon:  ID:nNDL3ZMRdj 
Further company coverage:  TOHN.S 

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