January 23, 2020 / 6:21 AM / a month ago

BRIEF-Schlatter Industries FY EBIT At Around CHF 1.0 Mln

Jan 23(Reuters) - SCHLATTER INDUSTRIES AG:

* NET SALES OF CHF 93.3 MILLION IN 2019 FINANCIAL YEAR, 16.3% LOWER THAN PREVIOUS YEAR

* ORDERS RECEIVED IN 2019 FELL BY 34.9 % TO CHF 74.4 MILLION (2018: CHF 114.2 MILLION)

* ORDER BACKLOG AS AT 31.12.2019 STOOD AT CHF 26.3 MILLION

* FOR FINANCIAL YEAR 2019, AN OPERATING RESULT (EBIT) OF AROUND CHF 1.0 MILLION (2018: CHF 3.8 MLN)

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