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BRIEF-Feintool International Holding H1 EBITDA up 9.2 pct at CHF 40.0 million
August 29, 2017 / 5:16 AM / 3 months ago

BRIEF-Feintool International Holding H1 EBITDA up 9.2 pct at CHF 40.0 million

Aug 29 (Reuters) - FEINTOOL INTERNATIONAL HOLDING AG :

* SALES INCREASED BY 6.6% TO CHF 296.8 MILLION IN THE FIRST HALF OF 2017‍​

* H1 OPERATING PROFIT ROSE BY 5.1% (6.2% WHEN ADJUSTED FOR CURRENCY EFFECTS) TO CHF 22.5 MILLION

* H1 EBITDA ROSE – CURRENCY-ADJUSTED – BY 9.2% TO CHF 40.0 MILLION

* H1 NET INCOME FOR THE REPORTING PERIOD WAS CHF 14 MILLION

* TOTAL OF CHF 580 MILLION TO CHF 600 MILLION IN SALES AND AN EBIT MARGIN COMPARABLE IN SIZE TO THE FIRST HALF OF 2017 ARE EXPECTED Source text: bit.ly/2wERK0L Further company coverage: (Gdynia Newsroom)

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