July 10, 2018 / 5:01 AM / in 11 days

BRIEF-Meier Tobler Group To Suspend Dividend Payout For Two Years

July 10 (Reuters) - MEIER TOBLER GROUP AG:

* H1 SALES WERE FOUR PERCENT BELOW THE PRO FORMA VALUE OF THE PREVIOUS YEAR

* OUTLOOK 2018: EXPECTS A SLIGHT DECLINE IN SALES AND MORE THAN CHF 30 MILLION EBITDA

* TO IMPLEMENT REDUCTION OF THE DIVIDEND

* BOARD OF DIRECTORS INTENDS TO SUSPEND DISTRIBUTION FOR THE FINANCIAL YEARS 2018 AND 2019 IN FULL Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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