Brief: V-Zug Holding AG Successful Spin-Off Improved Operating Result

V-ZUG Holding AG

17/08/2020 05:34

Aug 17 (Reuters) - V-ZUG Holding AG  VZUG.S :
    * EQS-ADHOC: V-ZUG HOLDING AG: SUCCESSFUL SPIN-OFF; IMPROVED
OPERATING RESULT; STRATEGIC PROJECTS ON TRACK
    * HALF YEAR SALES 258.6 MILLION CHF VERSUS 257.7 MILLION CHF
YEAR
AGO
    * AT CHF 12.9 MILLION, HY OPERATING RESULT (EBIT) WAS
SIGNIFICANTLY HIGHER THAN IN PREVIOUS YEAR
    * CO IN MIDST OF A FAR-REACHING TRANSFORMATION, BUT FIRST
HALF OF
YEAR WAS ALSO GREATLY IMPACTED BY COVID-19
    * IN FIRST HALF OF 2020, V-ZUG GROUP'S CASH FLOW FROM
OPERATING
ACTIVITIES AMOUNTED TO CHF 25.4 MILLION
    * HY NET RESULT WAS CHF 11.275 MILLION

Source text for Eikon:  ID:nEQ2VGb1sa 
Further company coverage:  VZUG.S 

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