Brief: Zehnder Group H1 net profit down at 1.6 million euros

Zehnder AG

28/07/2017 06:01

July 28 (Reuters) - ZEHNDER GROUP AG  ZEHN.S : 
    * FIRST HALF OF 2017 SAW ZEHNDER GROUP ACHIEVE SALES OF EUR 
280.6 MILLION, AMOUNTING TO 7% MORE THAN IN PREVIOUS YEAR 
    * H1 EBIT CONTINUES TO BE UNDER PRESSURE AND FELL FROM EUR 
10.6 MILLION IN SAME PERIOD LAST YEAR TO EUR 5.6 MILLION 
    * H1 NET PROFIT DECREASED FROM EUR 6.7 MILLION TO EUR 1.6 
MILLION 
    * FOR 2017, EXPECTS INCREASE IN SALES, ALTHOUGH PRESSURE ON 
OPERATING PROFITS IS SET TO REMAIN HIGH DURING THE SECOND HALF 
OF THE YEAR 
 
Source text: http://bit.ly/2vd20gw 
Further company coverage:  ZEHN.S  
 
 (Gdynia Newsroom) 
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