March 1, 2018 / 5:50 AM / 8 months ago

BRIEF-Ascom Holding FY Net Result Turns To Profit Of CHF 25.9 Million

March 1 (Reuters) - ASCOM HOLDING AG:

* FY NET REVENUE OF CHF 309.7 MILLION WITH A GROWTH RATE OF 3.1% (2.3% AT CONSTANT CURRENCIES)

* FY INCOMING ORDERS OF CHF 324.8 MILLION WITH A GROWTH RATE OF 7.2% (6.4% AT CONSTANT CURRENCIES)

* FY GROUP PROFIT OF CHF 25.9 MILLION COMPARED TO A GROUP LOSS OF CHF 145.7 MILLION FOR FINANCIAL YEAR 2016

* DIVIDEND PROPOSAL - CHF 0.45 PER SHARE

* OUTLOOK 2018: 3-6% REVENUE GROWTH; EBITDA MARGIN IS EXPECTED TO BE IN LINE WITH PRIOR YEAR, UP TO AROUND 15%

* OUTLOOK 2020 (MID-TERM TARGET): 7-10% REVENUE GROWTH WITH THE AMBITION TO REACH AN EBITDA MARGIN OF AROUND 20%

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Further company coverage: (Gdynia Newsroom)

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