April 25, 2019 / 5:16 AM / a month ago

BRIEF-Valora Wins All Kiosk And Convenience Outlets Put Out To Tender By SBB

April 25 (Reuters) - Valora Holding AG:

* VALORA WINS ALL KIOSK AND CONVENIENCE OUTLETS PUT OUT TO TENDER BY THE SBB

* BECAUSE OF TENDER EFFECTS, PROFIT TARGETS FOR 2019 FINANCIAL YEAR FALL AT LOWER END OF ANNOUNCED RANGE

* EXPANSION OF CONVENIENCE IS EXPECTED TO IMPROVE REVENUE AND GROSS PROFIT MARGIN, NET EFFECT ON EBIT OF CHF -15 MILLION ON EXISTING BUSINESS FOR RETAIL CH IN 2021 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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