August 9, 2019 / 4:50 AM / 13 days ago

BRIEF-Conzzeta H1 Group Result At CHF 78.2 Mln

Aug 9 (Reuters) - CONZZETA AG:

* EXPECTED SLOWDOWN - SPECIAL DIVIDEND AND MORE DECENTRALIZED MANAGEMENT

* H1 NET REVENUE CHF 770.1 MILLION; ON A COMPARABLE^1 BASIS 5.6% BELOW PREVIOUS YEAR

* H1 EBIT CHF 90.5 MILLION, INCLUDING DIVESTMENT GAIN OF CHF 30.6 MILLION

* H1 GROUP RESULT WAS CHF 78.2 MILLION, UP 53.0% ON PREVIOUS YEAR

* PROPOSES SPECIAL DIVIDEND OF CHF 30.00 PER CLASS A REGISTERED SHARE AND CHF 6.00 PER CLASS B REGISTERED SHARE

* EXTRAORDINARY GENERAL MEETING IS PLANNED FOR FRIDAY, SEPTEMBER 27, 2019

* NOW EXPECT NET REVENUE FOR 2019 AS A WHOLE TO BE SLIGHTLY LOWER THAN IN PREVIOUS YEAR

* OUTLOOK 2019: BROADER-BASED OPERATING RESULT ACROSS ALL SEGMENTS AND A SLIGHTLY IMPROVED EBIT MARGIN

* OUTLOOK 2019: PROFITABILITY IS ANYWAY EXPECTED TO BE SIGNIFICANTLY HIGHER THAN IN PREVIOUS YEAR

* SAYS IN H1 BUSINESS ENVIRONMENT SLOWED DUE TO GEOPOLITICAL AND MACROECONOMIC UNCERTAINTIES Source text for Eikon: Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below