Brief: Zehnder Group FY net profit down at 0.3 mln euros
04/03/2016 06:00
March 4 (Reuters) - Zehnder Group AG ZEHN.S :
* FY sales of 533.0 million euros ($583.79 million); this
represented a 2 pct increase on the previous year, in which
sales of 525.1 million eurow were recorded
* Due to the impact of one-off restructuring costs and
negative currency effects, the FY operating profit (EBIT) fell
from 32.7 million euros to 5.2 million euros
* FY net income came out at 0.3 million euros (compared to
26.0 million euros in the previous year)
* Is proposing to the annual general meeting that a dividend
payment is not made
* Expecting a slight increase in sales for 2016 and a
significantly better operating profit
Source text - http://bit.ly/21LNrqT
Further company coverage: ZEHN.S
($1 = 0.9130 euros)
(Gdynia Newsroom)
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