July 11, 2019 / 4:39 AM / 4 months ago

BRIEF-Bossard Holding Says H1 Net Income Down At CHF 41.6 Mln

July 11 (Reuters) - Bossard Holding AG:

* POSTS 3.2% DROP IN SALES TO CHF 218.7 MILLION (-1.6 PERCENT IN LOCAL CURRENCY) IN THE SECOND QUARTER

* BASED ON THE CURRENT RESULTS, THE EBIT MARGIN FOR 2019 IS EXPECTED TO BE AT THE LOWER END OF THE 10 PERCENT TO 13%TARGET RANGE

* SAYS GLOBAL DEMAND FOR BOSSARD’S SMART FACTORY LOGISTIC SOLUTIONS AND OUR ENGINEERING SERVICES CONTINUES TO BE VERY POSITIVE

* FOR THE FIRST HALF OF 2019, BOSSARD GROUP REPORTS A NET INCOME OF CHF 41.6 MILLION (PY: CHF 49.0 MILLION)

Source text - bit.ly/2JuiM0B

Further company coverage: (Gdynia Newsroom)

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