July 27, 2018 / 5:14 AM / 20 days ago

BRIEF-Zehnder Group H1 Net Profit Up At EUR 10.6 Million

July 27 (Reuters) - Zehnder Group AG:

* IN H1 INCREASED ITS SALES BY 4 % TO EUR 290.6 MILLION

* H1 EBIT MORE THAN DOUBLING FROM EUR 5.6 MILLION TO EUR 14.1 MILLION

* H1 NET PROFIT IMPROVED SIGNIFICANTLY, RISING FROM EUR 1.6 MILLION TO EUR 10.6 MILLION

* SALES GROWTH ALSO EXPECTED IN THE SECOND HALF OF THE YEAR

* ADHERING TO ITS MEDIUM-TERM GOALS

* SEES H2 EBIT MARGIN SLIGHTLY ABOVE THE FIRST HALF OF 2018 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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