November 24, 2017 / 7:15 PM / 21 days ago

BRIEF-‍Walter Meier and Tobler join forces to become Meier Tobler​

Nov 24 (Reuters) - Walter Meier AG

* ‍walter Meier and Tobler join forces to become Meier Tobler​

* Walter Meier is expecting sales to drop by around two percent in the 2017 financial year‍​

* Anticipating lower EBITDA for FY than the previous year

* Should still be possible to achieve medium-term EBITDA target of CHF 60 million, albeit with a delay

* Board planning to carry on with stable distribution policy of CHF 2.00 per share for 2017 financial year. Further company coverage:

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